The bear market has actually given everyone the opportunity to focus on refining their products.

Take a certain leading exchange as an example; market fluctuations are no longer their main focus. The team is fully committed to product optimization. Wallet features have recently been iterated rapidly, with one-click activation of security verification and simplified operation processes—every detail is moving towards greater usability and security.

Tools are indeed upgrading, and the experience is improving, but the bull market has not arrived. There is a saying that hits the point: the higher the infrastructure completeness, the lower the market dividend effect. It may seem a bit helpless, but from another perspective, it is precisely this threshold and moat that can filter out real opportunities. The bear market is not the end; it is laying the groundwork for the next cycle.