Gold has hit a new high again, and the bull market has been ongoing for over a year. But things are really tough in the crypto world—funds are generally very cautious, all seeking stability, which has prevented Bitcoin from gaining any competitive momentum against gold.

This halving was supposed to be a turning point for the industry. Unfortunately, poor storytelling around the ecosystem, financing difficulties, and fewer newcomers entering the market have hindered progress. The most damaging are the negative news stories—Bitcoin hacking incidents, whale seizures, law enforcement crackdowns across various regions... These events frequently top trending searches, directly undermining market confidence. The market remains cautious, and the explosion of the halving rally seems far off.