How can we describe the current level of bear market? Let me put it this way, even market makers are too lazy to act. "I'm not pretending anymore, I'm just here to cut 🐶” Several characteristics of bear markets one ️⃣ Hackers have started to shut down the network, and some project parties even "monitor themselves and steal", pretending to be stolen but actually running away. ——The hacker you think of may be a well orchestrated and staged show by the project team. two ️⃣ Not enough positive news=negative news ——The market's demand for positive news is increasing, and if it is not strong enough, it will be treated as negative directly. Small positive news in a bull market can't even splash a splash in a bear market. three ️⃣ Retail investors transform into "macroeconomists" and begin to pay attention to the Federal Reserve's interest rate hikes and cuts, international situation, and mining machine shutdowns ——Who cares about these things in a bull market? Everyone is in FOMO, busy selecting bids, afraid of missing the next hundredfold coin. In a bear market, individual investors have begun to crave for a "macro life-saving straw" and wish the Federal Reserve would immediately cut interest rates to save the market.