The spring breeze of March 2024 once stirred up the fervor of imitation, but who would have thought that in an instant, the bear market would sweep through like a cold winter, stretching two years of time into eternity amid the fluctuations of K-lines.

We who once gazed at the shores of wealth with our chips now remain with nothing but scars — those screens that flickered at three in the morning ultimately did not illuminate the narrow gate of class transcendence, instead causing many to lose the courage to open the market again in the maze of K-lines.

The voices of sharing in friend circles have long since silenced, and the red dots in group chats have become sealed memories. The entire cryptocurrency world feels as if it has been muted, lying dormant through countless sleepless nights in a silent winter.

The mountain of wealth expectations looms over the hearts of every retail investor, pressing down so hard that one can hardly breathe — do you remember those mornings when your blood surged as you faced the screen, fantasizing about rewriting your life with a string of numerical codes?

Have you ever experienced the acceleration of your heartbeat while watching the market, the unwillingness to sink after losses, until one day you suddenly understand: the bull market has never been an inclusive feast, and behind the myth of sudden wealth, the price of understanding has long been marked.

I have seen too many people leave in despair, while I have always stood my ground on this battlefield.

Not claiming to be clever, but gradually understanding: trading has long transcended the dimension of making money; it has become a mirror reflecting human nature and a practice for refining one's character.

Each rise and fall of a K-line is a battleground of greed and fear, and every surge in trading volume hides the code of the market's tides. Here, it is not the most astute speculators that take root, but those willing to dissect their cognitive blind spots and continue to cultivate through the cycles of bulls and bears.

Perhaps you have long since let go of the fantasy of overnight wealth and no longer expect a trade to change your fate. But if you still believe that 'trading is a craft worth honing,' then please stay — the cryptocurrency world has never withered; it has merely filtered out blind followers through the sieve of time, leaving behind those who truly understand reverence and diligence. Whether you can break free from your cocoon in this bull-bear trial depends entirely on whether you have grown your own trading wisdom from the soil of losses.

A turning point may be approaching: CoinShares' submission of a Solana spot ETF application to the SEC has raised a beacon of hope in the cryptocurrency world in mid to late July. Historical data has shown: after the approval of BTC/ETH spot ETFs, the bear market saw a 137% increase, while the bull market surged by 230%. As the dawn of SOL may penetrate the fog of the bear market, is it worth re-measuring the value territory of its ecological tokens? Let us, in the summer of light years, watch together this potential market evolution that may rewrite our fates.

If there remains a glimmer of undying spark in your eyes, or if you wish to embark on the journey once more through the mud — please like and follow 'Xiao Bai Learns Points.'

Every pitfall I have stepped into has become a coordinate illuminating the path ahead. I wish to join all of you who are struggling at the bottom of the cryptocurrency world to find your own survival rules in the jungle of K-lines.

#Solana现货ETF竞赛