About Cycles and Web3:
Regardless of the market sentiment, economic cycles repeat and are not influenced by market emotions. It is evident that we are in the mid-to-late stage of the tightening cycle. Whether it leads to a recession or defensive interest rate cuts, a loosening cycle is bound to come. Web3 has just entered the mainstream economic perspective and remains a relatively small niche. From a size perspective, we shouldn't take ourselves too seriously.

Happiness is a journey, not a destination.

About 'Idle Time':
In fact, there is no such thing as 'idle time'!
Although the market atmosphere is sluggish and many first- and second-tier investors are shifting to the third-tier market, there are still many people accumulating knowledge, deepening their understanding of the industry, optimizing team structures/processes, and building resources/networks. When the wave comes, they will have built an invincible ship during the low tide, ready to sail and fish, while those who didn't prepare will only be able to pick shells on the beach, which would be a very uncomfortable situation!
Remember, the essence of any industry is PVP (Player vs. Player) among peers!