In the past, the crypto market relied on the "hope for the future"—everyone was waiting for the ETF to land, big institutions to get on board, and countries to recognize these good things. Although it hasn't been realized yet, people felt assured, so they dared to buy boldly. Even if there was a short-term fall, they weren't afraid, as they were certain it would rise in the long term.

The period from the beginning of 2023 to April 2024 is a golden period. Whether buying mainstream coins or niche coins, you can basically make a profit, and the opportunities are particularly good.
It's different now. The good things we hoped for before have all come true, and there are no new "hopes" to hold on to. Relying on "believing it will rise" to make money is useless now; it's a stage where everyone is buying and selling against each other, and prices depend entirely on emotional fluctuations. It's no longer a phase where you can just lay back and earn.