Sharing an insightful article with key takeaways: • The end of Crypto's first curve: Refers to the collapse of the speculative, narrative-driven, zero-sum game model of the cryptocurrency market. The 1011 event marks the symbolic end of this era. • The decline of traditional finance: The monetary policies (like interest rate hikes/cuts) relied upon by the traditional financial system (TradFi) have lost their effectiveness, becoming mere 'emotional massages.' This is why rate cuts and liquidity injections are more easily priced in rather than driving sustained market trends. https://(medium.com)/@gary_yangge/%E6%9D%A8%E6%AD%8Cgary-2026%E5%B9%B4%E5%A4%B1%E5%BA%8F%E9%87%8D%E7%BB%84%E4%B8%8B%E7%9A%84defi2-0%E7%88%86%E5%8F%91-6b03fbc94f44