I have zero desire to buy the dip, not even the urge to play a rebound. Just looking at it purely from a liquidity perspective. A lot of funds have flowed into A-shares, US stocks, and precious metals. This cycle's bear market seems a bit different from the last one. The last cycle was mostly a slow grind down, but this time it's all about quick battles, followed by 2-3 months of sideways consolidation, accumulating liquidity, and then another quick drop. In the last bear market, it felt like by the end, everyone had learned how to short. But there were always some altcoins that managed to pop up. This time, everyone sees the true nature of altcoins. The project teams lack vision, and in the end, it's all about chasing profits. Hard to say if there will be anything left next cycle. Blockchain applications are already pretty clear: stablecoins for 'cross-border settlements' and tokenizing US stocks. But Bitcoin is probably a different story. I once saw a fortune teller analyze Bitcoin, saying it has a 'destined currency power,' with its peak in 2029, and then it declines. Maybe, who knows.