At the end of 2020, the cryptocurrency market started.

In May 2021, it had been rising for half a year, and many coins had soared by hundreds or thousands of times, and a large number of losers had become financially free.

Difi, gamefi, NFT, public chain, web3... Various new concepts and technological innovations have emerged, and the entire market is very prosperous.

The slogan in the industry at that time was the eternal bull market.

At that time, the price in the industry expected BTC to be $100,000.

On May 12, it began to fall sharply. Many people thought it was a bargain-hunting opportunity, so they leveraged in.

On May 19, it was directly smashed through, and countless people were liquidated.