Bitcoin prices have plummeted sharply from recent highs, dipping below $78,000, sparking widespread discussions on potential bottom-fishing opportunities. This price volatility reflects the crypto market's high uncertainty and investors' cautious attitudes in a complex environment. Since early 2025, Bitcoin's climb had attracted significant attention, but the rapid price correction has quickly turned market sentiment pessimistic.

In recent days, the crypto market has seen a comprehensive downturn with no signs of rebound. Many retail investors watch their assets shrink, feeling extremely disheartened. The amount of margin calls has been continuously decreasing, and the market seems to have fallen into a silence. However, we need to look at this rationally, as there are deeper reasons behind it.

The current market volatility is likely due to the market's anticipation of upcoming important data releases, similar to the "312 event" on March 12, 2020, when the market reacted in advance to negative news. Now, most altcoins have broken key support levels, and it seems they could still fall by another 50%. But this might actually be a turning point for the market.

The current despair in the market may just be a short-term adjustment. Once the data for March 12, 2025, is released, if the expected positive news continues to materialize, the crypto market could see a rapid rebound and a quick recovery opportunity.

So, where is the current crypto market's focus?

Here is some advice for retail investors holding spot positions: Bitcoin's current stage of development is already quite slow, and the secondary crypto market is already quite stagnant. It can be confidently said that the focus at this stage is in the primary market.

The reason why thousand-fold or hundred-fold coins no longer exist, or why many people can't see these high-growth coins in the secondary market, is because the secondary stage is relatively mature compared to the early stage. The high-growth traffic has already passed, and with international capital entering slowly, plus the competition from Bitcoin ETFs, Ethereum ETFs, and traditional finance, and the waning enthusiasm of retail investors, the market lacks the fresh influx of new investors. This is why it's hard to encounter high-growth coins in the secondary market during a bull market.

The focus at this stage is in the primary market, but the primary market has technical and information barriers, and with the prevalence of scams and pyramid schemes, many people are confused. However, we can also feel that investors are becoming more professional. After all, they have seen all kinds of scenarios and suffered all kinds of losses. So, the next wave of traffic must be in the mainstream primary market. Everyone understands that the mainstream primary market is the real high-growth track in the crypto space.

More and more people are becoming more professional, and many are no longer satisfied with the secondary market but are jumping directly into the mainstream primary market. Of course, only those who are conscious will do this. There are still a large number of retail investors dreaming in the secondary market. The current secondary market situation is indeed very difficult, with obvious liquidity shortages and an unfavorable market outlook. For example, Trump talks a lot but hasn't put money into it yet. He has only done some preparatory work. Although it's important, as long as there is no real money coming in, capital is not foolish. So, if you enter the primary market early to catch the traffic from the secondary market, won't you have the next traffic entry point's wealth?

Bitcoin prices have plummeted sharply from recent highs, dipping below $78,000, sparking widespread discussions on potential bottom-fishing opportunities. This price volatility reflects the crypto market's high uncertainty and investors' cautious attitudes in a complex environment. Since early 2025, Bitcoin's climb had attracted significant attention, but the rapid price correction has quickly turned market sentiment pessimistic.

In recent days, the crypto market has seen a comprehensive downturn with no signs of rebound. Many retail investors watch their assets shrink, feeling extremely disheartened. The amount of margin calls has been continuously decreasing, and the market seems to have fallen into a silence. However, we need to look at this rationally, as there are deeper reasons behind it.

The current market volatility is likely due to the market's anticipation of upcoming important data releases, similar to the "312 event" on March 12, 2020, when the market reacted in advance to negative news. Now, most altcoins have broken key support levels, and it seems they could still fall by another 50%. But this might actually be a turning point for the market.

The current despair in the market may just be a short-term adjustment. Once the data for March 12, 2025, is released, if the expected positive news continues to materialize, the crypto market could see a rapid rebound and a quick recovery opportunity.

So, where is the current crypto market's focus?

Here is some advice for retail investors holding spot positions: Bitcoin's current stage of development is already quite slow, and the secondary crypto market is already quite stagnant. It can be confidently said that the focus at this stage is in the primary market.

The reason why thousand-fold or hundred-fold coins no longer exist, or why many people can't see these high-growth coins in the secondary market, is because the secondary stage is relatively mature compared to the early stage. The high-growth traffic has already passed, and with international capital entering slowly, plus the competition from Bitcoin ETFs, Ethereum ETFs, and traditional finance, and the waning enthusiasm of retail investors, the market lacks the fresh influx of new investors. This is why it's hard to encounter high-growth coins in the secondary market during a bull market.

The focus at this stage is in the primary market, but the primary market has technical and information barriers, and with the prevalence of scams and pyramid schemes, many people are confused. However, we can also feel that investors are becoming more professional. After all, they have seen all kinds of scenarios and suffered all kinds of losses. So, the next wave of traffic must be in the mainstream primary market. Everyone understands that the mainstream primary market is the real high-growth track in the crypto space.

More and more people are becoming more professional, and many are no longer satisfied with the secondary market but are jumping directly into the mainstream primary market. Of course, only those who are conscious will do this. There are still a large number of retail investors dreaming in the secondary market. The current secondary market situation is indeed very difficult, with obvious liquidity shortages and an unfavorable market outlook. For example, Trump talks a lot but hasn't put money into it yet. He has only done some preparatory work. Although it's important, as long as there is no real money coming in, capital is not foolish. So, if you enter the primary market early to catch the traffic from the secondary market, won't you have the next traffic entry point's wealth?