Many have withdrawn from the market due to a downtrend assessment, many are still trying to find opportunities to recover, some are shilling regardless to profit, very few continue to push because they understand the logic, and the majority are still wondering, 'Where is the market right now?'

I believe this season Binance has to push to cover for Cz.

I also see that this season the US is directing public opinion towards crypto to divert attention from what seems unstable internally.

I see the inflow of money into memes, but then it doesn’t stay in the memes and is pulled out of the market immediately; it's similar to futures, the winning team is the one that never reinvests because they are experienced and not gamblers.

This season is not a season for reinvestment because the new entrants are getting wiped out immediately, they don’t have a chance to mature, and even less chance to compound, which is why the alt season is so small. The reason is that the group just above them is cashing out too quickly.

In summary, where is the market? Based on the cash group and the winning group this season (meme kings, snipers, shillers, MM influencers, exchange owners), personally, I feel it's similar to levels 4-5-6; most are not looking forward to the approaching level 7.