1. Regarding interest rate cuts, the current economic situation means that even if there is a rate cut, it is forced and not a sign of economic improvement. Even if we take a step back and assume there is a real rate cut and liquidity, in such an environment, money will only be hoarded by the tycoons, providing very little help to the social economy. In other words, during a poor economic environment, it is impossible to see very high cryptocurrency prices.

2. Large institutions may not openly say it, but they are actually liquidating to escape. Although everyone knows that money in the cryptocurrency market comes quickly, the essence of making money is at the expense of the common people. And what about the current situation? Each person is struggling to make a living, barely managing to invest a few thousand in the cryptocurrency market for a gamble. The environment does not allow for many large investors. How can the common people feed so many tycoons led by a certain group?

3. In the AI era, much knowledge has become transparent. Virtual currencies have become less mysterious and not as scarce (everyone understands that issuing a coin is not very difficult) and not particularly useful. We always feel that even if we are trapped, we will break free after several years. But look at the people trapped in real estate; do you think they still have a chance to break free? Maybe years later, holders of virtual coins will just look back with a faint, helpless smile. At least a house can still be lived in, which has some use; being trapped in coins is just...

4. Old investors should know that the cryptocurrency market has cycles. The last two major declines and the two peaks at 120,000 mean what? You can refer to the trends of 2021 to understand. This bull market actually started brewing at the end of 2023 and has lasted for two years now. Is it the head of the bull or the tail? If I had to choose, I pessimistically believe it's the latter. All feasts must come to an end, and there is no eternal bull market. Sometimes we have to bravely face the changes in cycles; otherwise, we end up like the people who bought houses in 2020 and 2021, watching Wanda sell assets and Evergrande go bankrupt, still not realizing that real estate has already turned and continuing to buy.