2024 is not a friendly year for crypto assets. A careful review reveals that once popular sectors like privacy coins and trading tokens have almost been wiped out, with only a few survivors remaining. Capital is rotating, market narratives are breaking down, and the previous hype has gradually faded.



However, from a different perspective, this adjustment has actually clarified market positioning. The overall leverage levels in the industry have significantly decreased, bubbles have been squeezed out, leaving mostly solid projects.

The question is: can this trend be reversed this year, or will the pain continue? Some clues can be seen from BTC's performance, but ultimately it depends on market choices.
BTC0.37%
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SellTheBouncevip
· 11h ago
Has the bubble been squeezed out? Then keep falling, there's always a lower point waiting. Sell on the rebound, that's the rule.
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BearMarketHustlervip
· 11h ago
Did privacy coins all get wiped out? It was about time to liquidate them. This round of correction should have been this harsh.
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rekt_but_vibingvip
· 11h ago
A large number of privacy coins have died out, now it's finally clear who really has something and who is just air. It's long overdue for a big cleanup. --- Another story of a "bubble being squeezed out," I'm tired of hearing it. The key is whether these remaining "solid projects" can survive until the bull market. --- In 2024, how Bitcoin moves is the real thing; everything else is just along for the ride. --- Lower leverage means health? Give me a break, that just means no money to play with. --- Whether the pain continues or there's a turnaround, honestly, it all depends on when everyone starts FOMO again. --- Capital rotation, rotation, rotation—are there really new opportunities in this circle? --- The few survivors now can't even show off; who dares to say they'll definitely make it to the next bull market? --- If the market narrative breaks down, so be it; after all, we're all just leeks. --- Look at those tracks that were hyped the most before—what's the situation now? Quite ironic.
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