Don't be discouraged by the continuous sharp decline.

Think of it this way: each market cycle is a victory for crypto-native participants.

It's precisely because the core players in this circle keep pouring into outside old-money investors, trapping them.

This forces them to keep "building," which means more people are brought in through pyramid schemes: from Grayscale Trust, CME, spot and futures ETFs, DAT, to reserves and fiat currencies.

Every market cycle involves trapping outsiders inside and forcing them to find ways to trap and kill even more outsiders.

Crypto is like this; all major assets in history have been like this.

In history books, such processes are often called revolutions.

So, my friend, as a winner,

Aren't you happy?