Why is the cryptocurrency industry still in a slump? The cryptocurrency industry is now in a state of retail investors’ lack of patience and a lack of incremental large funds. Due to the interest rate hikes and stricter regulation by the U.S., the previous large funds were basically in and out of American banks, but now they are basically gone. In addition, the overall economic downturn has caused institutional pockets to sag.

Domestic regulation is still strict, and domestic project owners can only keep their tails between their legs.

There are not many things that can be innovated in the cryptocurrency industry, and there are not enough new 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 an insufficiently sustained money-making effect, making it difficult to cultivate retail investor consensus.

In this situation, the U.S. needs to release water again and increase market liquidity, so that Hong Kong can truly open up policies, allowing institutional funds to enter the market from more channels, uniting people’s hearts and cultivating everyone’s consensus, and eth needs to continue to optimize on-chain transaction fees.

Last year was difficult, and this year was even more difficult. Retail investors lost a lot of money by airdropping or buying local dogs, and the purchase of spot holdings also shrunk by 60%-90%. The market will not become active again until the US starts to cut interest rates.

This is the trend and rhythm of the next bull-bear cycle in the cryptocurrency circle. We are optimistic about the fourth quarter. If we grasp this, there will be basically no problem. The rest is the issue of faith in the cryptocurrency circle! #TON #Ripple于诉讼中取得部分胜利 $BTC $ETH