After a while, talking about it really made me feel disgusted, and then all narratives were debunked, with new narratives taking a long time to emerge; on-chain activity structurally declined.

On-chain behavior is mainly focused on extracting profits, short-term speculation, and capital transfers, with basically no intrinsic demand.

The user structure has deteriorated extremely, value investing is dead, PvP has also entered a death loop, and we have entered nihilism! $BNB #加密市场反弹