#比特币跌破7万美元 Stay alive, ride out the cycle, and hope will come.

Recently, the crypto market once again staged a familiar “terrifying plunge.” The market kept seesawing, and countless tokens entered an indiscriminate selloff. As many people reviewed the charts on their trading apps, they finally saw the most painful truth hidden in the price movements: five years later, Bitcoin has quietly returned to its 2021 bull-market peak, while a host of popular tokens that made fortunes for investors back then have long since been battered beyond recognition, leaving countless investors’ principal buried at historic highs.

The super bull run of 2021 was the crypto market’s most frenzied peak. The total global cryptocurrency market cap once surpassed $3 trillion. Everyone seemed to be an investing genius, and tales of tokens multiplying a hundredfold and making people rich overnight were everywhere. At the time, retail investors shared a firm consensus: Bitcoin’s gains were too slow, its market cap too high, and its upside too limited. Only altcoins, popular public blockchains, and MEME coins could deliver a dramatic comeback and overnight riches.

Five years later, after the market’s great shakeout, that conventional wisdom has been thoroughly disproven by price action. The brutal data doesn’t lie, perfectly illustrating that “what you choose matters more than how hard you work, and your asset picks determine your fate.”
Looking back now at positions opened near the 2021 highs, the difference between gains and losses is staggering. For investors who held on to Bitcoin, even those who bought at the absolute peak, the worst outcome was simply ending up where they started: profits wiped out and time wasted. After riding out a few years of cycles, there was still a way forward. At worst, they wasted five years but kept their principal in their core holdings.
But for anyone greedy enough to switch into other popular tokens, the outcome was all but certain: deeply underwater, cut in half again and again, with most people never getting back to breakeven. The data is cold but real: investors heavily weighted toward Ethereum are down more than 60% on average. Even the crypto market’s number two and a leading public blockchain hasn’t escaped a steep drawdown. SOL, once a rising star among public blockchains, enjoyed its heyday at the peak but is now down as much as 71%, its former aura completely gone. The viral MEME coin DOGE, which captured the enthusiasm of countless retail investors, has plunged 90% and is close to zero.
Older major coins haven’t escaped their fate either: ADA is down 94%, LTC 87%, and AVAX as much as 95%. These aren’t obscure, worthless dog coins; they were all high-quality assets ranked among the top twenty by market cap and strongly recommended across the crypto world. They were “safe alternatives” in the eyes of countless retail investors.
Who could have imagined that five years later, their declines would far exceed market expectations, wiping out most of investors’ principal?

Even more ironically, these figures reflect losses from simply holding spot assets. If you got involved in leveraged futures—the most destructive thing in crypto—you wouldn’t need to wait five long years; just six months would be enough to wipe out all your principal.
There’s a saying in crypto: with futures, it’s not about lasting long enough to see everything, but about getting liquidated in an instant. The market’s volatility over the past two days has proved this once again. Sudden wicks, whipsaws in both directions, and deep wicks have been relentless. Countless high-leverage traders were liquidated overnight, their accounts wiped out and their positions closed, with no chance to recover.
Many retail investors still can’t understand why, with the same bull-market starting point and the same five-year cycle, Bitcoin can weather bull and bear markets and return to its highs, while the vast majority of tokens can only drift lower and keep heading toward zero.

The core logic is straightforward and brutal. Bitcoin is the crypto market’s one core asset: hard money combining institutional investment, broad financial consensus, and safe-haven appeal. Its price movements reflect market cycles. When it falls, capital provides support; when it reaches a low, consensus buyers step in. It has a complete cycle-to-recovery dynamic.
By contrast, 99% of tokens on the market are essentially bubbles created by bull-market sentiment. They lack real-world value to support them and long-term holders to lock up their supply, relying purely on hype and speculation to stay afloat.
When the bull market is strong, an abundance of capital drives prices up, and everyone enjoys the rewards of the bubble. But once the market shifts from bull to bear and the rally fades, capital exits and the hype dies down. The bubble bursts completely, leaving prices to slide endlessly toward zero, with no chance of recovery.

Looking at the crypto market’s history, the ones who make it to the end have never been the clever people chasing short-term windfalls, constantly switching coins, or going all-in on leveraged futures. They’re the “fools” who respect the market, stick to core assets, and calmly ride out the cycles. The highest form of survival wisdom in crypto has never been catching a hundredfold rally or perfectly timing tops and bottoms—it’s avoiding irreversible losses.

This latest bout of volatility has sounded another alarm for all investors: every get-rich-quick crypto legend is a trap. Staying safe and alive is the ultimate victory. Bitcoin may at most cost you time, but altcoins and leveraged futures can take all your principal.
In a crypto market riddled with risks, don’t chase the temporary windfall of doubling your money. Just focus on staying safe and in the market for the long run. Only by surviving long enough can you reap the rewards of the next bull run.

As long as you’re alive, there’s hope. If you’re not afraid of death, why be afraid of living? This time around, I hope we all make it through safely.#WCTCS9