The cryptocurrency world has once again entered a stagnant, nihilistic mode where nothing can be trusted. Musk's shout for PEPE creates no waves, FET's buyback of 50 million USD is completely motionless, and the market lies on the ground like a dead fish, unable to stir even when kicked. It seems immune to all favorable news, reminding me of September 3rd last year when ADA claimed to have completed the most significant upgrade in history, yet there was no reaction in price or discussion. At that time, I even tweeted my astonishment, but just a month later, ADA, XRP, and others saw nearly epic multiples of increases. Shortly thereafter, the AI sector emerged, and the entire market ignited like a powder keg, flourishing with activity. The difference just a month apart was so vast that no one expected the surge to come so swiftly, all driven by the expectations brought about by Trump's election.

Now, everyone has entered a state of vulnerability, constantly asking themselves, 'What the hell am I doing in the crypto world?' Entrepreneurs who are serious about their ventures are feeling vulnerable, value investors who have lost all their LP investments are feeling vulnerable, and even those just looking to trade some coins to earn a little milk money for their children are feeling vulnerable watching the nearby U.S. stock market.

Confidence is invaluable; for the market to repair itself again, we need another 'Wow, that's incredible' level event to make everyone think about rushing back in.