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Regarding when the on-chain market will fully enter a bull phase, this is my script:
1. AI continues to evolve, constantly capturing blockchain developers' attention, and the crypto market enters a deep bear phase.
2. AI begins to impact more industries, leading to more people losing their jobs, and an unemployment wave starts.
3. After losing their jobs, people look for new opportunities; whether through speculation or personal entrepreneurship, the crypto space is a relatively low-threshold area, ushering in a new era of large-scale entrepreneurship.