The timeline is basically everyone criticizing the backpack, and even in this already terrible market, the feeling of being backstabbed by a project you once believed in is truly unbearable for anyone.

We've been educated by this market, so we're not as afraid of project teams harvesting retail investors anymore. Even blatant rugs from project teams don't make people as disgusted, because those are just pure evil—it's a game of strength, and if you lose, you lose.

What really disgusts people is those sanctimonious types who preach virtue, morality, fairness, justice, and community spirit, but do the opposite—using people when they're useful and discarding them when they're not. They show zero regard for user interests or emotions. These are the refined selfish actors.

Amusingly, among the few accounts defending the backpack, there's a high probability they're female accounts. That's actually quite an interesting phenomenon.