$BTC funds, like sharp-eyed migratory birds, have sensed the chill of this market and have taken flight to find warmer and more promising habitats. Meanwhile, those who should have stepped in to turn the tide in critical moments seem to have lost their former ambition and resolve, choosing to sit on the sidelines, indifferent to rescuing the market. As a result, the market has fallen into a vicious cycle, sinking deeper and deeper, making it difficult to extricate itself.

However, it is lamentable that some short-sighted 'dog traders' still have not grasped the survival strategy of the crypto world. They may be waving the banner of Bitcoin reserves, may be enthusiastic about launching stablecoins, implementing platform coin strategies, or may be tirelessly issuing new coins. These seemingly diverse tactics are like colorful bubbles, shimmering enticingly in the sunlight, yet they can hardly conceal their inherent emptiness and fragility.