Regaining confidence takes time, but losing it only takes a moment. The crypto space is now in shambles, with severe capital outflows. Even someone like me, who’s used to staying in my comfort zone, is thinking about getting a Hong Kong bank card to play U.S. stocks... What choices will those big players and institutions with a global perspective make? In the past year or two, the AI sector next door has been thriving, while crypto remains in a slump... Bitcoin is back to the peak of the bull market from 5 years ago. Altcoins? No altcoin season, just an altcoin funeral... When CEXs/DEXs start listing gold, silver, and popular U.S. stocks, 99.9% of altcoins in the market lose their speculative value. If there’s no value left to hype, how can they not go to zero? Liquidity will only concentrate in a few major coins. It’s all just emotional, one-wave trading. But maybe, this could be a paradise for short-term traders... This “bear market” cycle might turn out to be even more brutal than we imagined... BTC