#美联储回购协议计划 Looking at the current popularity in the B circle, it's really far from the peak in 2021.



What was the scene back then? Even in August 2022, there were still quite a few active users. The real cooling down happened in the two months after the FTX explosion.

This time is different. Since reaching the peak in October last year, just three months have passed, and there’s hardly any noise anymore. Why? Actually, this bull market itself wasn’t that hot to begin with, it wasn’t a bustling scene.

There’s a pattern to the decline in popularity: it takes a lot of time to drop from 100 to 10, but from 30 to 10, it happens very quickly. This means the bottom might arrive sooner than expected. The price discovery for mainstream coins like $BTC, $ETH, $BNB could happen faster.

Although factors like the Federal Reserve’s repurchase policy and macro liquidity are still unfolding, the market sentiment cycle is accelerating. In other words, the bottom window might be right in front of us.
BTC-0.46%
ETH0.11%
BNB0.4%
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pumpamentalistvip
· 01-01 09:05
Honestly, this wave of hype hasn't gained much traction from the start, lacking the crazy feeling of 2021. FTX's decline has been really long, but this time it's happening at a frighteningly fast pace. From 30 to 10... it really feels like the bottom is near. The Federal Reserve's situation still depends, but sentiment can change in an instant.
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CryptoWageSlavevip
· 01-01 03:31
This wave is indeed fake, the hype is comparable to 2021, it's hard to watch. Is the bottom coming? I think it's most likely in these two months. The argument that it dropped from 30 to 10 still has some weight, but who knows. Everyone has dispersed, so there's nothing much to say. The key still depends on the Federal Reserve; liquidity is the real boss.
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MrRightClickvip
· 2025-12-29 09:50
Damn, this wave of market movement is really boring, all the hype has been drained There are no people left, what’s the point of talking about bottom windows Going from 30 to 10 is a period of despair, and that's exactly how it feels now Really, back in 2021, the screen was full of people, but now it's freezing cold The Federal Reserve's approach doesn't do much for retail investors; the key is that no one is playing anymore
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NFTArchaeologisvip
· 2025-12-29 09:50
This wave indeed lacks that kind of frenzy. The speed of dropping from 30 to 10 is a bit like the burst of a vintage market bubble.
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OnchainHolmesvip
· 2025-12-29 09:44
Damn, this wave of market hype is just hot air, it can't be compared to 2021 at all. Exactly, it's really strange how the enthusiasm disappeared so quickly. From 30 to 10 so fast... does that mean the bottom is really coming? But the Federal Reserve still hasn't played all its cards, who knows. Everyone's gone, what's the point of price discovery?
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TokenToastervip
· 2025-12-29 09:38
Honestly, this wave of popularity never really took off in the first place, so it's not surprising that it cooled down so quickly. If the popularity can't be boosted, the bottom will come when it comes, and it's not something to gamble on. Falling from 30 to 10 was really fast; it feels like this is the current pace. Once the Federal Reserve's policies become clearer, mainstream coin prices might start to discover their value again. The grand scene of 2021 can never really come back; the landscape has completely changed.
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OvertimeSquidvip
· 2025-12-29 09:35
Hmm, this time it's really not as hot as the previous two rounds... After just three months, it's already dead and dull. Falling from 30 to 10 is indeed very fast, it feels like the bottom is really coming. Relying on Federal Reserve liquidity to rescue the market? Haha, it still depends on when the sentiment rebounds. This wave of hype has been weak from the start, it was always just a false fire. Bottom window? I think we still need to wait a bit longer.
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