Do you remember the acquisition storm of FTX? It was truly a plot twist overnight. They were still talking about acquiring FTX in the evening, but by dawn, they had refused. The valuation soared from 4U to 17U, and then fell from 17U to 1U - this rollercoaster-like change in valuation made many people see the truth of the crypto market. A once leading exchange, due to a momentary decision error, ended up delisting. It is indeed a lesson; there are no eternal winners in the market, and the timing and judgment of decisions often determine the life or death of a project. A seemingly stable valuation can collapse in an instant. This is the nature of this industry.