2025-12-31 09:23:56

November actually has many opportunities, but by December it changes—early in the month still has some warmth, but by mid to late month it becomes freezing. The projects in the SOL ecosystem that have seen the biggest gains look very impressive, but when you turn around and look at who’s involved, there are actually very few who have truly benefited. Honestly, it would be good if things could improve next year.

Here's an interesting comparison: if you look at the crypto market from a business perspective, you'll find opportunities almost everywhere. But from a value investing standpoint, the conclusion is the opposite—this market is bound to crash sooner or later. Two perspectives, two lives. Maybe that's why, in the same market conditions, some people make a fortune while others just can't understand it.

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SandwichDetector

· 7h ago

The crypto world is like this: projects with loud voices are often the ones with the most retail investors, and the ones who profit are always that group. Wait, from a business perspective and value investing perspective, aren't they opposite? So what have I been doing these past six months... The SOL ecosystem now looks lively, but there are very few actual buyers; retail investors are all caught in losses. Two perspectives, two lives—there's no denying it, but most people actually neither understand business nor investing; they just chase hot topics. This cycle is really about to end; December will be completely cold, and unless there's a black swan event next year, it's hard to turn things around.

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GhostAddressMiner

· 7h ago

The project with the most momentum has the fewest participants, which clearly indicates the issue. On-chain data is crystal clear.

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HodlAndChill

· 7h ago

In November, those who caught the wave definitely made money, but December's chill is really intense. The momentum was huge, but how many actually got to enjoy the gains? I've seen many get cut. Two sets of logic are indeed opposite; sometimes I even get confused about which one to trust. Honestly, it depends on perspective—some people are ecstatic about the same market, while others are crying. Next year? Well, let's survive this month first. This SOL ecosystem is like this, still need to keep playing and waiting. It feels like most buyers are just along for the ride; only a few early birds are really making money. Business thinking and value thinking clash; your mind has to split to handle it. Let me ask in return: who really has grasped the pulse of this market? December cooled off completely; I guess this temperature won't come back.

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PriceOracleFairy

· 7h ago

lmao the november-december temperature drop is just market entropy redistributing itself... sol ecosystem plays looking thicc on the charts but the actual liquidity dynamics? crickets. classic case of price deviation without the actual participation—textbook oracle manipulation vibes ngl

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ImpermanentSage

· 7h ago

There really aren't many people participating just for fun, it feels like those SOL projects are all paper tigers. From a business perspective, opportunities are everywhere; from a value investing perspective, it's a mess—such a huge gap. December is freezing to the core; I should have gone all in back in November. Honestly, it's still a matter of the right approach to making money—while others are eating meat, you're just getting leftovers. This round of market行情 is truly unpredictable; let's take it one step at a time.

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BearMarketHustler

· 7h ago

This is a classic case of survivor bias; those who shout the loudest are always the minority who got the meat. People making money are busy spending it, while those losing money have long fallen silent, so it may seem grand but actually no one is there. From a business perspective and a value investing perspective, they are truly two parallel universes. No wonder some get rich while others lose. December was freezing cold, I really felt it. Now when updating a project, no one pays attention. The wave of the SOL ecosystem, those who entered late are just picking up the pieces. I've seen this kind of thing many times. If you ask me, in the same market cycle, attitude determines everything. If your mindset is wrong, everything looks wrong. Are we really going to improve next year? I'm skeptical; history always repeats itself.

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MEVictim

· 7h ago

Damn, at the end of the day, it still depends on whether you can catch the right trend. I'm just the kind of person who can't understand it.

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