In the deep winter of 2018, I was inspecting a photovoltaic power station in the Gobi Desert of Qinghai. In the -20°C cold wind, the chief engineer pointed to the rows of idle photovoltaic panels and said, "These are the legacies of the last round of expansion. Only after the market has cleared will new technologies break through." At this moment, gazing at the Binance altcoin list, those K-lines that have been flat for a long time are strikingly similar to the photovoltaic panel arrays of th...