This bull market has revealed an intriguing phenomenon: everyone is mechanically replicating the script from the previous bull market.

"Bitcoin leads the way → Ethereum follows up → Altcoins celebrate"

"Blindly ambushing before the halving, starting with 3-5 times, 100 times is not a dream"

As a result, after this round of halving, those who blindly followed and heavily invested were left dumbfounded: Bitcoin repeatedly oscillated, and altcoins generally dropped by 10 times in the bull market, with ETH down 50% from its peak. The atmosphere in the WeChat group changed drastically, from "countdown to financial freedom" to "guide to queueing on the rooftop".

In fact, this bull market has long been different — institutions entering the market have rewritten the rules of the game, and the hard-earned lessons learned by the seasoned investors with real money: history never simply repeats itself; in this market, the only constant is change itself.