In fact, the last round of Bitcoin should have broken through 100,000 long ago, but all retail investors in the market believe that Bitcoin will reach 100,000, and the big players simply cannot pull up the market; the car is too heavy. In this round, everyone says there will be an altcoin season, but it has been delayed. Now, altcoins and Bitcoin's drop from 34,000 to a rebound to 40,000 is exactly the same as before, a false breakthrough, and then a continuous decline, dropping for a full six months, and after consolidating at the bottom for a few months, it finally began to rebound, with the entire rebound height fluctuating, almost washing out most of the retail investors' Bitcoin. The current altcoins are highly likely to follow this pattern and could drop by more than 70%. But unlike Bitcoin, which will recover, most altcoins may completely delist. Recently, many altcoins that have fled early are actually considered to be good players because you only lost money once. Those altcoins that haven't fled yet will continue to decline, causing you to lose even more money. $BTC $SOL $LTC

Figure 1 shows the last false breakout to lure investors after several months of decline in the last round of Bitcoin, which started a deadly bear market. Figures 2, 3, and 4 are the current altcoins, and almost all altcoins exhibit this trend.

The cryptocurrency market has become a tool for exchanges to provide wealth to those in power. Just like the A-shares back in the day, it has seen several years of fluctuating declines, harvesting investors, accompanied by some good news, with the media constantly telling you that the A-shares are about to enter a violent bull market, then rebounding for a wave before continuing to decline, continuously providing wealth to the Chinese authorities.