The current cryptocurrency market is extremely bleak, with trading activities nearly at a standstill, and speculators are disinterested in market operations. In this situation, those altcoins with no actual value, concept hype projects, and tokens that mimic trends are returning to their true values.

The current market landscape is that Bitcoin is viewed as a gold-like asset for long-term reserves by major institutions, while trading platforms are facing immense pressure from users to withdraw their assets, and the vast majority of altcoin projects have encountered severe depreciation.

It is worth noting that protocols like Uniswap(UNI) and Curve(CRV), which have practical application scenarios and value, are quietly completing their price bottom formation.

Investors need to be wary of various flashy new issued Tokens and should focus on the weekly trends of a few historically proven value-type Tokens. The key is to wait for a clear outcome in the game between Bitcoin and the trading platform. A bear market is a critical period for testing the true value of projects, and it is only after the market fully returns to rationality that we can truly discern which projects possess lasting viability.