This bull market is indeed difficult; professional players and institutions have crushed retail investors, and the narrative in the crypto world has almost disappeared. Although there are still a few people insisting on 'building' and occasional innovative highlights, these efforts are hard to reverse the overall decline of the industry.

Perhaps this round of the crypto bull market ended as early as the beginning of 2024. The subsequent benefits like ETFs are more about boosting Bitcoin and have almost nothing to do with altcoins.

Originally, there was hope that Trump's high-profile support could drive the industry forward, but now it seems that the crypto market is just a 'money-making tool' for their family, and the support for crypto may only be to please capital and exchange for benefits.

Currently, the global economic outlook is not optimistic, the risk of recession is increasing, and the uncertainty of policies has further raised the probability of opposition and conflict. Black swans hang over us like a sword, market confidence has plummeted, and the profit-making effect has vanished.

I believe that every market has its peaks and valleys, and the crypto world will not disappear. One day, when liquidity is abundant again and the profit-making effect returns, the crypto craze will rise again.

But the question is, we need to consider how to cope with the current predicament. Looking at those altcoins in your account that have dropped by 90%, even if the bull returns, do you have confidence that your coins will have a chance to break even?

We really need to re-examine the phrase 'all in crypto', reduce our investment in the crypto world, and switch to other markets and tracks; perhaps making money will be easier.