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Having been through on-chain battles for so long, experiencing many market fluctuations. But to be honest, this round feels particularly different. Every cycle has its tough times, but this time the difficulty level is clearly maxed out. The market is fierce, policy directions, macro environment—various factors stacking up—make people feel especially oppressed. Many veteran traders are also complaining that after several consecutive months of bear markets, their mindset and physical stamina are almost worn out. This might be the cost of the cycle; only by enduring can we see the opportunities in the next round.