How do you view the current situation of the cryptocurrency world?
1. The current situation in the cryptocurrency circle is that the patience of retail investors is running out, and there is a lack of incremental large funds.
2. Due to the interest rate hike and stricter regulation by the United States, the previous large funds
Basically, the money came in and out from American banks, but now it is basically gone. In addition, the overall economic environment is not good, and the pockets of the institutions are not full.
3. Domestic supervision remains strict, and domestic project parties can only behave themselves.
4. There are not many innovative things in the cryptocurrency circle. There are not enough breakthrough new things coming out. It is basically old wine in new bottles. The opportunities for retail investors are still on the chain. There is not enough incremental funds, resulting in insufficient sustainability of the money-making effect and it is difficult to cultivate consensus among retail investors.