Recently, the changes in the Crypto Assets market have raised many concerns among investors. Many people are asking: Is it still too late to enter the market now? Can retail investors only watch as institutions profit? How should the Crypto Assets that have been held be handled?

As a senior participant who has experienced 8 years of ups and downs in the encryption market, I must admit a harsh reality: the 'laying win era' of Crypto Assets has long ended with the collapse of FTX. However, this does not mean the disappearance of market opportunities, but rather signifies a shift in the nature of the market—from a mere investment venue to a competitive arena that tests cognition and strategy.

The current market situation has fundamentally changed, and the investment methods that used to work reliably in the past are no longer effective. Why have the days when one could achieve double returns by following trends or chasing new coins become a thing of the past?

The key lies in the shift of market dominance. Before 2021, retail investors accounted for the majority in the market, holding over 60% of the share, and their emotional fluctuations could push tokens like Shiba Inu to a market value of hundreds of billions. But now, the scale of crypto assets controlled by institutional investors like Grayscale and BlackRock has surpassed $500 billion. These institutions are equipped with advanced on-chain analysis teams and artificial intelligence quantitative models, whereas retail investors trade solely based on intuition, which is akin to hitting a stone with an egg.

More critically, the information advantage has been completely dismantled. In the past, one could gain an edge by browsing social media, but now institutional on-chain bots can capture large transfer information in 0.1 seconds. By the time retail investors see the so-called positive news, institutions have already completed their positioning, just waiting for the retail investors to take over.

In the face of the 2025 market, we need to re-examine our investment logic. Don't be misled by the notion that 'institutional dominance means no opportunity for retail investors.' In fact, in the new market environment, there are still unique profit opportunities, albeit these opportunities may contradict traditional understanding.

In this new era, the key to success lies in adapting to the new rules of the market, enhancing one's analytical skills, and formulating wise investment strategies. Although challenges abound, for those willing to adapt, the crypto market still holds immense potential.