Arthur Cheong, the founder of Defiance Capital, shared his views on the crypto market at a recent X Space event. First, he predicts that there will be more projects conducting ICOs in the future, which could bring new vitality and opportunities to the market. 🌟

When discussing the industry's shortcomings, Arthur pointed out that the security issues in DeFi and the wallet experience still need improvement, but he also mentioned that these issues are gradually improving. 🔧

Regarding the secondary market, Arthur advised against excessive leverage and encouraged industry participants to focus on areas they are interested in. 📈

Finally, he holds a cautious attitude toward short-term market trends, believing that trading volume and liquidity will decline over the next two weeks, and there will not be any drastic fluctuations. 📉