This round of bull run in the crypto world feels like a Bitcoin bull run, while altcoins are falling miserably. Even the stablecoin stocks in the A-shares are rising steadily. It's been a while since the Halving, and The Federal Reserve (FED) is still hesitant to lower interest rates. The old suckers are probably worn out by this market, and even Ethereum is underperforming. Many people in the crypto world have already lost their cool. Some say it's because of the integration of coins and stocks, with money being siphoned into the stock market, while others say the overall environment is poor, and people are reluctant to invest so much money into the crypto world. What is the reason? I don't know either.