Having been in the circle for over ten years, I’ve never experienced such darkness and disgust. Five consecutive months of continuous decline with no end in sight, falling non-stop without even a glimmer of hope. The entire industry has suddenly lost its faith, lost hope, and lost decent projects. All that’s left are big players dumping and cashing out, media colluding to cut profits, the circle rotting from within, retail investors repeatedly being harvested, and chaos everywhere outside.

The most ironic thing is that the crypto world has now become a herd that lives by reading the faces of various industries. It watches gold and silver, the US stock market, US economic data, and global trends. Whenever there’s even a slight bad sign externally, the crypto market seems to crash along with it. The independence and resistance of the past have suddenly vanished.

Every second feels like a sword hanging above my head, ready to fall at any moment...

Really, it’s too painful, so painful that it makes me physically nauseous.