Bottom Fishing or Picking up the Pieces? A Breakthrough Battle for Ordinary People's Cognition
History always repeats itself. When the panic index soars during the 20-year 312 mining machine sell-off, opportunities hide in despair.
But this time seems markedly different from before. Previously, there was a lot of room for growth in the crypto circle, and many stories to tell. Today, the crypto circle is no longer like that.
First is the liquidity crisis: the market depth has shrunk by 60% compared to early 2023; a million sell-off can crash the price, and picking up the pieces may turn into “catching flying knives”!
Then there’s the exhaustion of narratives: the Meme coin craze has faded, and under the siphon effect of Solana, 90% of altcoins have become worthless—certain projects saw four Meme coins launched in a single day plummet by 50%, and capital is mass-producing “wealth illusions.”
When absurd narratives can harvest retail investors, don’t get trapped by the mindset of “buying the dip on a crash”! Cultivating cognition and seeing through the tricks is the key to breaking the deadlock.
