Why does the market rise but still feel stagnant? 1. As mentioned earlier, the rise in the frequency of opportunities generally lags behind the market's rise. 2. The market is still in a volatile range and has not entered a trending market. 3. The sentiment has not recovered; the fear index on Coinglass is still at 20, indicating extreme fear. 4. Around Christmas, there are indeed fewer activities. 5. Liquidity, without real cash coming in, it remains a difficult mode.