#数字货币市场调整 What the hell! What's going on with this bull run?

In the last cycle, the entire crypto market surged to a market value of three trillion, while the previous cycle was only eight hundred billion. And now? After going in a big circle, it's back to three trillion. The question arises—this time there are corporate strategic reserves backing it, and various global ETF products have been launched, yet the scale hasn't expanded? This logic simply doesn't make sense.

Recently, BlackRock has been frequently transferring assets, and there are also rumors that MicroStrategy will reduce its holdings. If this trend continues, I even suspect that the market will directly regress by fifteen years.

I came across a viewpoint that really hits hard: If we directly switch to a bear market now, apart from a few hard currencies like BTC, ETH, and BNB, other altcoins can basically be declared dead. Originally, a bull run is a process of creating a bubble and then squeezing it, but now the market value has already returned to the level of four years ago. If there is another round of deep correction, it won't just be squeezing the bubble; it will be game over.

However, speaking of which, the U.S. government has just ended its shutdown. Looking back at historical data, after such a situation, there is usually a decent rebound within 1-3 months. So my thought is—hold on! Get through this toughest time, and there may be a turnaround. If we die before dawn, that would truly be a wasted effort.