Now the threshold for the top ten in the currency circle is lower than 10 billion dollars
But the bubble is still huge, look at the Ether exchange rate
The exchange rate of Ether is not falling, and I don’t think it will start a bull market immediately.
After so many years of going around and around, the cornerstone of the pie circle is still the big pie, not ether, and after the ether is converted to POS, there is the possibility of being heavily regulated by the US emperor.
If the whole year of 2022 falls, some people will call for bargain hunting. This is not a manifestation of the most painful moment of the bear bottom.
Long-term bulls had better hope that AI can prop up productivity and avoid a global economic meltdown.
After all, only after destruction can there be motivation to rebuild. After a decline, the multiple of recovery will be higher.