If you want to continue eating Crypto, you must understand the following principles: 1) Looking back at the past few cycles, the cryptocurrency industry has almost always had to face death before it can be reborn. It is normal for it to experience a sharp drop of 90%, 80%, or 70% before turning around again. High volatility is the fundamental strength of the industry, but don't forget that it also has strong resilience and cannot die; 2) CEX exchange has never been the savior of the cryptocurrency industry, to some extent they do not even belong to the cryptocurrency industry. Making a trading platform 'pump' is eternal, as for whether mainstream cryptocurrencies, MEME coins, US stock futures, crude oil, precious metals are traded on the platform, it doesn't matter; 3) There are indeed a large number of VC project "scams" in this round of on chain narrative innovation, but ultimately it will still be the grand narratives that can bring the cryptocurrency industry out of decline. Like 20 years of DeFi, 22 years of NFT, 23 years of inscriptions, 24 years of Agent, etc., the continuity and height of the narrative determine the thickness of the bull market and the difficulty of post disaster reconstruction after the foam, but the encryption industry is really not good without "innovative narrative"; 4) There are a lot of voices surging on Twitter CT, either from Fomo, sharp edges, or conflicting opinions, all of which are not easy to manifest as secondary market trends. Just take a look and have fun. If the day comes when the crypto industry experiences a sudden decline, no one can stand alone. As the saying goes, all great "US stock traders" must respect their own path; 5) Beneficial interests or early beneficiaries of OG, some of them have retired from cultivating immortality, some have retreated behind the scenes to commit evil, and some are still stubbornly preaching. This is not frightening, but what is even more frightening is that most people choose to remain silent. The price of silence will definitely be the continuous fermentation of 'bad money driving out good money', which is the most fatal blow to the industry's' consensus'.