The biggest challenge currently facing the Crypto Assets market is insufficient Liquidity, which is closely related to low investor confidence. High transaction fees on some trading platforms further exacerbate the loss of Liquidity. While some platforms like bonk will invest funds to support the market, there are also platforms like pump that only take in without releasing, and even the targets followed by Large Investors are caught in the Tied Up dilemma.

At the same time, some major foreign traders are continuously selling off and arbitraging, further exacerbating the market's loss situation and trapping the market in a vicious cycle of insufficient liquidity. Compared to the past, it is now difficult for the market to attract a large amount of funds solely based on interesting narratives or novel perspectives. The current trading volume has dropped from the previous ease of reaching millions of dollars to only a few hundred thousand dollars.

In this case, the market seems more inclined to rely on the so-called 'conspiracy', 'market maker', or 'Large Investors' to build a bottom, and projects driven by large funds instead make investors more confident. Nevertheless, the super cycle of Meme tokens is still ongoing, and the vitality of the market has not completely faded.

The shift in this market environment reflects the complexity and ever-evolving nature of the Crypto Assets ecosystem. Despite facing challenges, market participants continue to adapt and seek new opportunities. In the future, how to restore market Liquidity and investor confidence will be key issues that the Crypto Assets industry needs to collectively face and resolve.