From retail investors, serving retail investors, in a bull market, there should be a retail investor protection alliance to protect existing retail investors.

Currently, looking at the funds, only Bitcoin and a very few varieties have real off-exchange funds buying, while most coins on exchanges are engaged in existing stock speculation.

Too many junk coins are draining the liquidity of retail investors; the market makers lack the strength to push up prices, holding a full hand of zero-cost chips, once they push up, they sell immediately. The manifestation is that when retail investors chase, the price drops, and when they sell, it slightly rises, but it doesn't sustain, and the momentum is weak.

This kind of junk coin can be seen from the funding data; I usually remind everyone in the internal group not to touch these pump coins, it's like whack-a-mole, hitting one junk coin as soon as it pops up.