$BTC $ZEC $LPT

In recent months, the voices of exiting the crypto market have been growing louder. It's not that veteran investors lack confidence, but rather that they truly can't find the bottom.

The套路 of altcoins has become very hard to deceive—listing is already a high point, and there's not even a decent rebound. Buying the dip results in being crushed, and the market has evolved into pure capital speculation, with participants' patience gradually wearing thin. The process of bottoming out is long, and waiting patiently is the only option.

The incident on 1011 can be seen as a precise harvest. How many people's four-year principal was wiped out overnight? That's no small number.

Since entering the Trump era, the narrative in the primary market has completely collapsed. The current套路 is to quickly pump and violently dump, with project teams losing interest in storytelling. When "building an ecosystem" becomes a joke, rational people start choosing to exit.

To be honest, the crypto world has never lacked opportunities. What is missing is the spirit of doing things properly and managing long-term. In the past, project teams would spend time narrating stories and building communities; now, they can drain liquidity in just a few days and then run away. No matter how many times this套路 is played, it gets boring.

But those who exit also know that real opportunities will come sooner or later. It's just that this time, the market needs more time for filtering.