The current Crypto Assets market is going through a phase worth contemplating. Traditional investment concepts are facing challenges, and many investors find themselves having to reassess their existing strategies.

The once-popular idea of 'buying the dip' seems to have failed now. Apart from Bitcoin, most Crypto Assets tend to see investors choosing to liquidate their positions after failing to break through key price levels. This phenomenon repeats itself, making it difficult for many to establish sufficient positions when subsequent opportunities arise.

This shift in market behavior reflects a deeper issue: the collapse of investor consensus. Rebuilding this consensus is not an overnight task; it typically requires going through a complete bull-bear cycle to develop a new investment mindset. Currently, the market environment does not possess such conditions.

What are the true characteristics of a bull market? In a bull market, market operators are not worried about investors chasing prices, but instead hope that everyone realizes their intentions to drive up prices. Clearly, the current market atmosphere is far from this.

Some believe that Ethereum breaking through $4000 will trigger a bull market for altcoins. However, the author boldly predicts that even if Ethereum reaches $40000, it is unlikely to bring about a comprehensive rise in altcoins.

All of this reminds us that the Crypto Assets market is in a transitional period. Investors need to stay alert, carefully assess each investment decision, and closely monitor market trends and fundamental changes. During this uncertain time, maintaining flexibility and learning new market rules may be more important than clinging to old beliefs.