The fluctuations in this wave of market trends are quite remarkable, with a rhythm that has been flat for an entire year. Incremental funding in the market is becoming increasingly scarce, and projects that can survive more than three days have become a rarity 🎵.

What does the current situation look like? The altcoin market is experiencing a systemic collapse, and mainstream coins are also continuing to decline without strength 📉. BTC is unable to present a new story, lacking new growth narratives to support it. While BNB is still around, it is also following the trend of adjustment.

Market participation has noticeably decreased, with retail investors displaying strong wait-and-see sentiments. Under such an environmental condition, many new projects indeed cannot last long. Only when new hotspots and capital inflows emerge can the market truly turn around. $BTC $ETH