Using copper as a mirror can straighten one's attire, using history as a guide can reveal the rise and fall. The bear market is here again, and on-chain protocols are coming up with all kinds of ways to disguise their self-serving schemes. Avoiding any on-chain operations during a bear market can help you steer clear of 99% of systemic risks. History is truly a great teacher—every phase can find its counterpart in the past. This wave seems to mark the official halfway point of the bear market process, entering the mid-to-late stage. drift