Xiaoming lost 19,000 U, and some people said he had a limitless future; others praised that his project has prospects. Meanwhile, Xiaoming nodded while watching his phone—his long position had an unrealized loss of 19,000 U, which is basically like working for three months for nothing.

Someone asked him, “Are you under a lot of pressure lately?” Xiaoming said, “Not too bad—just that the market is a bit volatile,” but in his heart it was just bleeding. He sighed: this is probably the daily life of crypto entrepreneurs—talking about an exciting future with his mouth, while his account is full of green minus numbers.

And recently, there’s a meme in the crypto圈 that’s been especially popular: a person standing at a fork in the road—left side says “funding rates bearish,” right side says “ETFs pouring in like crazy,” and in the middle it says “retail traders get cut.”

Xiaoming looked at it, screenshot it, and posted it to his Moments. The caption: “Isn’t this just my long position?” The comments section was full of “Hang in there, bro,” and Xiaoming…