In this round of the bull market, Wall Street is in control. They have teamed up with Trump's big mouth to frantically ambush, create hype, run ahead, cut randomly, and retail investors are suffering greatly. The voice of the Chinese in the crypto space has dropped to zero. I suggest everyone lower their expectations for the crypto market and adopt a conservative approach (only invest in BTC for the long term), as preserving capital is crucial.

It is not ruled out that in the next two or three months, those institutions may turn to operate ETH as the market's main line (after all, it has enough room to grow), and the retail investors who recently swapped various altcoins for Bitcoin to preserve their capital may be cut again. I think this possibility is very high.