BTC and ETH have risen so much, only to pull back a little, but market sentiment is the same as in a bear market.
There are many new projects, most launched in the form of alpha, and those who grab the alpha just sell it with no sense of participation.
Binance also launched spot trading, but there are no expectations for the price at all.
Occasionally, there are gold dogs on-chain, but it's hard to have a strong consensus because there are too many platforms, and everyone is doing their own thing.
Everyone is watching Majie, James, and the big goals, Insider Brother, and Rolling Position Brother take risks with contracts, making or losing money, and just laughing it off.
With the price of coins going up and down, it's not easy to make money.
Summary: It's too difficult.