Once upon a time, FIL was the brightest "star" in the crypto circle — it surged more than ten times in a month, with a peak of $238 driving countless people into a frenzy, while early investors reaped massive gains and those who bought at the top remain trapped till today. Now, it has plummeted to single digits, with a decline exceeding 95%, prompting widespread sighs in the market: Is this a buying opportunity, or a countdown to zero value?

The truth is: the crypto market has no "eternal gods," only cycles and risks. FIL's sharp crash — is it an inevitable bubble burst, or a prelude to ecological reconstruction? No one can predict the bottom, but this much is certain — blind bottom-fishing is gambling, while in-depth research is investing.

Would you choose to hunt for gold in the ruins, or turn around to seek new opportunities? Share your thoughts in the comments!