This bull market in the crypto market is like an unprecedented storm, complex and full of challenges.

Widespread Losses: In the past six months, most investors have experienced financial losses, with few winners. Even those experienced old players, despite their rich resources and strong funds, have not been able to survive this storm.

Market misjudgment: The market had generally expected Bitcoin to rise significantly after the halving. However, the price of Bitcoin last year was close to its peak. Similarly, similar misjudgments occurred in the altcoin market. Investors thought they had an investment opportunity, but they did not expect that the market had already begun to correct. This resulted in a large number of investors pouring into the altcoin market, only to suffer a continued price decline.

The rout of altcoins: The value of many altcoins has almost reached zero. As market trends changed, altcoins were no longer favored by investors, and many projects were disbanded. The credibility of altcoins collapsed. When insider information was revealed, investors sold off and the market collapsed.

Crisis of trust in venture capital: Today, the credibility of venture capital in the minds of investors has been greatly reduced, and the sense of awe that it once had no longer exists.

Severe challenges for entrepreneurship: Project parties must keep up with market trends, understand community needs, and be proficient in marketing and community operations. However, successful projects are becoming increasingly rare, and retail investors’ trust in project parties continues to decline, forming a vicious cycle.

Decreasing crypto dividends: Profit opportunities in the crypto market are becoming increasingly scarce. Investors are eager to achieve financial freedom quickly, but they are falling into deeper anxiety. As the bull market ends, many people are worried about the future.

Change in concept: This bull market has profoundly changed people’s understanding of the crypto market. We need to re-examine this market, stay calm and rational, and avoid blind optimism and short-sightedness.

Frequent Unexpected Events: This bull market caused many people to lose the wealth they had accumulated over a long period of time, and many unexpected events occurred. However, looking back at the history of cryptocurrencies over the years, such ups and downs are not uncommon.