$BTC
One more thing to add, this year, basically all the middle class in China and the United States can clearly feel the soaring unemployment rate, layoffs and salary cuts around them, and the willingness to take on debt has become lower and lower. Unlike the past few years, the household sector has increased leverage and has a strong willingness to invest. Now everyone has begun to pay attention to cash flow, which has further compressed the funds flowing into the crypto market.