The crypto world is an adult version of a fairy tale: everyone is telling stories, but no one truly believes.

Projects tell narratives, KOLs talk about visions, and investors speak of 'tenfold returns in ten years'.

But you and I both know that the underlying truth is summed up in one word: liquidity.

It's not that the stories aren't beautiful; it's that everyone knows the ending.

Those issuing coins want to sell, early investors are waiting for buyers, and retail investors jump in hoping to double their money,

No one really wants to reach the finish line; everyone is looking for the baton.

You think this is idealism, but it’s actually a group game.

While shouting faith, they are staring at the charts,

While painting dreams, they are selling off.

The most ironic thing is—

Whoever tells the best story, rises the fastest; whoever wakes up earliest, escapes the quickest.

This is not the shattering of a fantasy; this is the underlying logic of this industry.