The cryptocurrency market has turned out like this; the time and amplitude of trend markets have greatly decreased or even disappeared.

The core reason is that the cryptocurrency market has developed for over a decade, forming a large amount of old money, which has banded together into institutions, preventing newcomers from climbing up, leading to class solidification.

There is too much old money in the institutions; they only seek appreciation, and most of the strategies they use are machine quantification.

There is excessive quantification in the cryptocurrency market, with many different types of parameters for grid trading: buy when it drops, sell when it rises, causing the market to remain in fluctuation.

They have already made hundreds of millions, even billions; earning 50% in a year is still a considerable amount, but our principal is only 10,000 or 100,000. We need dozens or hundreds of times the return; we need to engage in subjective trading.

However, only trend markets can allow subjective traders to make big money, but the cryptocurrency market has been so influenced by quantitative funds that there are no trends left.

It is no longer a wild era where the underdogs became rich in the cryptocurrency market. 🙄🙄🙄