There are several main reasons why the market cannot be cloned now: 1. Too many new coins are launched too quickly. The recently launched ZRO ZK IO LISTA are all sucking blood. The tokens launched are all high-market-value tokens, and there are still a large number of tokens to be unlocked in the market.

2. The current market liquidity is seriously insufficient, and the remaining on-site funds are too scattered. Off-site funds have not been attracted. In addition, more and more voices in the market are resisting VC coins, and funds have slowly flowed into $BTC and $ETH.

3. Most of the project parties have no pattern, and they have been shipping and smashing the market, and they don’t protect the market.

Now we can only hope that institutions will increase their positions and Bailey will increase their positions. The most important thing is that the passage of ETH's ETF and the Fed's interest rate cut can bring in hot funds from the off-site. Otherwise, the market liquidity is insufficient and everything is nonsense.