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I always feel that there will be that season, and the reason is very simple.
If this round of bull market ends hastily, then don't expect the next bull market, because it is highly likely that there will be no more bull markets in the crypto space. In each round of bull markets, most retail investors experience the process of huge unrealized gains (, which is the key point, allowing them to feel the thrill of unrealized profits. Even if they end up with nothing, they only feel it is their own fault, unrelated to crypto ). This is the core reason why this circle continuously attracts new retail investors. If this round of bull market doesn't even allow retail investors to experience the process of huge unrealized gains, then why would anyone risk entering this space while holding frozen cards and facing various risks?
At that time, not only will the old users in the crypto space exit the market, but it will also be completely unable to attract new users to join. In the end, it will gradually become a market that no one plays in. At that time, you and I will be witnesses, witnessing the entire process of the largest financial bubble in the world being born, going crazy, and then being destroyed.