(The essence of capital involves transfer and scarcity)

If you are optimistic about the market in 2025, then all the current declines are just techniques used by market manipulators. As for why it is so harsh, you might want to ask everyone present. Perhaps we have all evolved; remember the bull market in 2021, it was really easy to pump the prices back then. At that time, the secondary wealth effect was significant. As for why it is so hard to make money this year, the core issue, aside from the evolution of retail investors, is the large market capitalization of copycat coins. I think the main reason is that the wealth effect has shifted onto the blockchain and technology.

In simple terms, the essence of not being able to make money is: insufficient learning, inability to learn, or learning the wrong habits. If you are still struggling with losses, earning today and losing tomorrow, it’s time to consider the fundamental reasons.

The essence of finance is transfer, involving scarce assets and high-control operational techniques. This wave of price pumps is either new coins or those very old 'zombie coins' which essentially are not being traded and are lightweight. The essence on the blockchain also involves priority and the timeliness of information. Whether the filtering criteria meet the conditions for taking positions. All of this requires time to understand and contemplate. $BTC