Bitcoin has recently experienced a significant surge, but the altcoin camp has held onto key support levels. The logic behind this is actually quite interesting—history always repeats itself. As long as Bitcoin stabilizes, funds will flow into smaller cryptocurrencies.

Looking at the overall market structure from a different perspective. The total market capitalization of the crypto space has been hovering around 3 trillion yuan for a whole year, with virtually zero growth over the past four years. But what about the traditional finance sector next door? It has grown by 50 trillion yuan during the same period. This comparison is enough to dispel many people's anxiety.

To be honest, the risks that truly existed over the past four years have been almost fully digested. Those retail investors who chased the high points in the last bull market are actually just stepping stones for the few who are still here today. The market is so cruel—someone has to exit for others to rise. Instead of worrying every day, it's better to keep a calm mindset and understand the rules of this game.