Another year is coming to an end. A careful review of the market rhythm over the past year still revolves around three main themes: Perps contracts, the craze for Meme coins, and AI narratives.

The deepest realization? It's still that word - faith.

From the optimism at the beginning of the year to the explosive surge midway, and then to the later reflection after the drastic drop, the entire process resembles a form of cultivation. How many have experienced the thrill of leverage in Perps, dreamed of turning their fortunes around in the wave of Meme coins, and continuously adjusted their expectations amidst the iterations of AI concepts. Ultimately, it becomes clear: the market is like this; some hold on due to faith, while others exit out of greed.

The story of this year is worth remembering.