This reminder should be considered very timely. I hope everyone has escaped a disaster. So let's talk specifically about how to make a judgment? Simply put, look at three steps Take a look at the funds Funds are the lowest level of logic. No matter how the market changes, funds are truly buying and selling. And the amount of funds determines the height of the market. Specifically, funds can be divided into on exchange funds and off exchange funds. In 2021, off exchange funds continuously entered the market, forming a super bull market. And now, without off exchange funds (to buy altcoins), there won't be a big bull market for altcoins. Speaking of on-site funds, it also has a significant impact. The market that was launched in October of 2024 also lasted for a long time, with many skyrocketing. This is because before the market started, the market had been falling and most of the market held USDT. But this year is different, the market hasn't fallen much, many people hold coins, and the market itself is limited, so the potential purchasing power is far less than last year. Second look at emotions After a few skyrocketing coins appear, it will trigger market sentiment. The market sentiment makes people buy and buy uncontrollably. This is the reason why most people are prone to taking on positions at the top, as it is not a rational decision. But it is influenced by market sentiment. After a few days of market sentiment, everyone has already bought and their purchasing power will dry up. Especially when the potential purchasing power is not strong, it is easy to happen. Three iconic phenomena After looking at the first two, we have roughly understood the height of the market trend and the market situation. Therefore, the iconic phenomenon is the specific decision-making time point. The iconic phenomenon this time is Binance Life and customer service Xiao He. Binance Life is priced at $400 million with full FOMO holdings. Later, the customer service representative Xiao He only managed to reach a maximum of 100 million. Although Yijie shouted a few times later, she still couldn't get up. This is already a very clear signal that market funds are running out. So, this adjustment is basically a foregone conclusion. Just encountering the huge tariffs again has caused a sharp drop in resonance.