Market Status and Exchange Responsibilities

In the previous bull market, newcomers continued to enter the market, creating an environment full of games, where newcomers took over, old players made profits, and some made money and some lost money. However, there are no newcomers in the market now, presenting a state of stock game. Exchanges have been making money, while all players are losing money.

BTC's unique performance

The only people who made money this year are those who played Bitcoin (BTC). New big funds also only flowed into the BTC field, while retail investors who participated in other cryptocurrency investments almost all lost money. BTC's attractiveness and stability make it the first choice for big funds, but retail investors' participation in this field is very low.

Exchange Responsibilities

In this case, exchanges really need to contribute to the industry, rather than listing poor quality tokens all the time to extract liquidity. Exchanges can support the healthy development of the market in the following ways:

Improve listing standards: Ensure that listed tokens have real value and potential, rather than speculative junk coins.

Education and training: Provide investors with more educational resources to help them make wise investment decisions and avoid blindly following the trend.

Increase transparency: Provide more market data and analysis to help investors better understand market dynamics and risks.

Incentives: Introduce incentives to encourage new funds and investors to enter the market and promote market vitality.

By taking these measures, exchanges can not only enhance their own reputation, but also contribute to the healthy development of the entire cryptocurrency industry.