This round of the bull market has experienced a complex and ever-changing bull market. As an old investor who entered the market before 2017, this bull market is dominated by Bitcoin. After institutions entered, there were no more seasons of altcoins. Previously, before a bull market, there was always a wave of bloodshed; this time, the bull market has already undergone three waves of bloodshed, including on February 3rd and in July and August of 2024. Making money in the cryptocurrency world is becoming increasingly difficult. The tactics of the manipulators have changed; the president releases coins to harvest investors, and big names shout orders on Twitter. In this market filled with restlessness and bubbles, if you have faith, then it's over. We need to reinterpret the market, find new strategies for market-making, and strictly adhere to trading discipline to survive in the long term.