Recently browsing various trading communities and project discussion groups, almost all have fallen into a strange silence. Places that were once bustling with voices and 24-hour nonstop discussions now often show no new messages for days. Is the industry really cooling down, or has everyone's enthusiasm returned to rationality? WeChat groups, Telegram groups, Discord communities—regardless of the platform, activity levels have noticeably declined. Interestingly, while cryptocurrency prices are still fluctuating, the number of people participating in discussions is shrinking. This may reflect changes in market cycles, or perhaps only those with true conviction are still holding on.