#PI Looking at these people calling for a rise, dragging others into the water. It’s very much like the current real estate market. They’re catching the peaks, so they’ve fallen into madness.

Who dares to enter now? The bubble is too high. Even the most quality assets can’t have hundreds of billions unlocked, releasing tens of millions each month—playing like this! You have to wait until the bubble bursts before entering. Right now, there’s no real ecosystem, no genuine usage environment; it’s all just inflated hype. The outside world wants to enter but can’t get in. A bunch of water ghosts are waiting to find someone to take over. Others analyze correctly that those buying at the highest prices are crazy, touching the inverse scale, holding so many coins at high points and still feeling pretty good. After another 20 billion are unlocked, after the lock-up ends and releases, I’ll buy then—won’t that be better?