Some time ago, I sold XMR, but I got cut again. To be honest, the recent market conditions have really been tough. Those coins that can be pumped are basically under the absolute control of spot big players—they're just fishing for retail investors to take the bait. When no one follows, the price keeps going up; once a big player goes long, they immediately dump; conversely, if a big player goes short, they start pushing the price down aggressively. The core issue is that no one is truly willing to take the risk, so this tug-of-war continues indefinitely. Frankly, these kinds of coins can now only be watched as spectators.

Even more frustrating is that mainstream coins are also in an awkward situation. There's a lack of incremental funds willing to push the market, and the initial decline has mostly played out. But continuing to dump doesn't leave much profit margin, and the cost of reversing the trend is too high. In a bear market, what remains is a zero-sum game among existing funds, with no real profit potential. For retail investors, making money in this environment is really too difficult.