Maintain a cautious attitude towards the short-term development prospects of the SSV project. For the project to achieve significant accomplishments, it may take three to five years, and it is likely that it will not truly shine until the next bull run.

The main reason for this situation is the project's current weak value capture ability. Although more than 4 million ETH have been staked, the project's actual revenue is relatively low. Currently, the team's operating funds mainly rely on token issuance and sales.

Every month, a fixed issuance of SSV tokens worth 1 million USD may lead to a potential problem: when the price of SSV tokens drops, more tokens need to be issued to maintain the same USD value. However, issuing more tokens may further depress the token price, creating a potential vicious cycle.

Although facing challenges in the short term, the SSV project still has development potential in the long run. As the Ethereum ecosystem continues to evolve and improve, the demand for staking services may increase. If SSV can optimize its business model during this period, enhance its value capture capabilities, and establish stable revenue sources, it may perform better in future bull runs.

For investors, paying attention to the technological advancements, user growth, and improvements in the revenue model of the SSV project will be key factors in assessing its long-term value. At the same time, it is also important to closely monitor the overall trends in the cryptocurrency market, as they may impact the development trajectory of projects like SSV.