The current crypto market is no longer based on the incremental growth logic; the era of stock competition has arrived—simply put, everyone is dividing the limited liquidity.

Looking at Bitcoin's trend, although a significant correction is inevitable, the crash-style plunge of 77% is a thing of the past. The current wave of correction is likely between 50% and 70%. Based on this range: a 70% drop could bring BTC close to $40,000; a 50% decline would be around $60,000. Overall, the bottom of this wave should be in the $40,000-$60,000 range, with an extreme possibility of reaching $30,000, but the probability is low.

The real opportunity lies in the Perp track. It has become the most promising direction within Web3. Take edgex as an example: just meme tokens alone have a circulation of 10 billion, with 7 billion in the market. Its current market cap valuation has already reached $300 million—and this is just during the airdrop phase. When the TGE truly launches, the market cap could soar to unimaginable heights.

Even more impressive is that Amber, an incubator organization for the perp platform, has an average daily trading volume reaching 5-10% of a leading exchange, translating to $1-10 billion in daily transactions. What does this scale and growth rate indicate? The returns in the Perp track far exceed expectations. The potential of platform tokens is enormous; in the future, their status can be compared to OKB of traditional CEXs—long-term, these platform tokens are truly scarce assets.

Currently, Maru has completed its airdrop and is exclusively launched on edgex. The entire ecosystem is still in its early budding stage, waiting for market confirmation.