Once upon a time, FIL was the most dazzling "star" in the crypto space—surging more than ten-fold in a month, with its $238 peak sending countless people into euphoria. Early investors reaped massive profits, while those who bought at the top remain trapped. Now, it has plummeted to single digits, with a decline exceeding 95%, and the market is filled with sighs: Is this a buying opportunity, or a countdown to zero value?

The truth is: there is no "eternal god" in the crypto market, only cycles and risks. FIL's sharp collapse—is it the inevitable bursting of a bubble, or a prelude to ecosystem reconstruction? No one can predict the bottom, but one thing is certain—blind bottom-fishing is gambling, while serious research is investing.

Would you choose to sift through the ruins for gold, or turn away to seek new opportunities? Share your thoughts in the comments!