In 2021, those who made a fortune were the diamond hands who profited in a strong trending market. They formed a path dependency, which is why they often faced setbacks in the past few years. From 2022 to 2024, most of the wealth was made by crafty players, those who jump between bullish and bearish markets, and PvP masters. It's just about adapting to the version. Similarly, when a strong trending market comes again, their path dependency will lead to significant losses, especially for those who entered the space after 2022, as they have never truly experienced a real trending market.