Now the cryptocurrency circle is full of enthusiasm from retail investors, but lacks incremental large funds.
Previously, large funds basically came from American banks, but now there is basically no such thing. In addition, due to the interest rate hike and stricter supervision by the United States, the overall environment is not good, and the pockets of institutions are not bulging.
Domestic supervision is still strict, and domestic project parties can only keep their tails between their legs.
There are not many things that can be innovated in the market circle, and there are not enough new things with breakthroughs. It is basically old wine in new bottles. The opportunities for retail investors are still on the chain, and 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.
In this situation, the United States needs to release water again to increase market liquidity, and Hong Kong can really relax its policies to allow institutional funds to enter this market from more channels. At the same time, it is necessary for the big bitcoin dealer to tell a good story of production reduction, gather people's hearts and cultivate everyone's consensus, and eth+ needs to continue to optimize the transaction fees on the chain.
Last year was difficult. When retail investors were airdropping or shorting local dogs, it was estimated that it was risky to buy coins and hold them. When the United States starts to cut interest rates, the market will hype the production reduction of big bitcoin in advance, and there will be more opportunities at that time.
This is the trend and rhythm of the next bull cycle in the cryptocurrency circle. If you grasp this, there will be basically no problem. The rest is the question of belief in the circle!
