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At the beginning, everyone was full of hope, thinking that when BTC experiences a big pump, altcoins would also rise, and when one person succeeds, everyone benefits.
Later, BTC kept reaching new highs, while altcoins were in despair;
Later, everyone thought that the altcoin didn't rise because every time ETH rises, when ETH has a big pump, the altcoin season will come.
As a result, ETH keeps rising, standing out on its own, while non-mainstream altcoins and memes continue to struggle.
At this point, people began to feel confused: Is btc really btc, eth really eth, and are altcoins and memes such poor relatives that we can’t rely on at all? Instead, will they just suck us dry?
Watching this fragmented situation - the awesome ones are heading towards the high mountains, with Mount Everest as their destination; while the struggling ones are humbled down to the dust, retreating two steps for every step they take has become the norm.
Retail investors are starting to doubt themselves, their faith is collapsing, and they are becoming taciturn...