How to view the current state of the cryptocurrency market
1. The patience of retail investors in the cryptocurrency market is running out, and there is a lack of large incremental funds.
2. Due to the U.S. interest rate hikes and stricter regulations, the previous large funds, which mainly flowed in and out of U.S. banks, are now essentially gone. Coupled with the poor economic environment, institutions are also not well off.
3. Domestic regulations remain strict, and domestic project teams can only act cautiously.
4. There are not many innovations in the cryptocurrency space; there aren't enough groundbreaking new things emerging, and it’s basically old wine in new bottles. Retail investor opportunities still exist on-chain, but the lack of sufficient incremental funds leads to a lack of sustained profitability, making it difficult to cultivate retail consensus.
5. This situation requires the U.S. to reopen the monetary floodgates to increase market liquidity, and for Hong Kong to truly relax policies to allow institutional funds to enter the market through more channels, fostering unity and consensus among participants. It’s also necessary for Ethereum to continue optimizing on-chain transaction fees.
6. Last year was quite tough, but I didn’t expect this year to be even harder. Retail investors trying to get airdrops or buying low-quality tokens are suffering significant losses, and holding spot assets has also depreciated by 60%-90%. The market will only become active again once the U.S. begins to cut interest rates.
7. This is the trend and rhythm of the upcoming bull-bear cycle in the cryptocurrency market. I am optimistic about the fourth quarter; if you grasp this, there should be no problems. The remaining issue is the belief in the cryptocurrency market. If you are currently losing consistently and don’t know what to do, you can click to follow me, click on my profile to find me anytime, as I share all contract and spot trading strategies. Just for gaining followers.
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