Recently, the liquidity pool in the blockchain game has started to shrink again. To put it simply, the output is too aggressive, and consumption can't keep up. Inflation kicks in, and everyone's first reaction is to sell when they get their hands on tokens, leading to a downward spiral. Eventually, even those wanting to break even don't want to enter anymore. The project teams always love to promote "play and earn," but if they don't design proper exit mechanisms (like upgrades, synthesis, tickets, etc.), it's like leaving the tap open—sooner or later, the price will crash.

By the way, the funding rates have been extremely high these days, to the point of absurdity. The group is heatedly debating whether it's a reversal or just more bubble squeezing. I can't help but feel itchy just watching… But I think I'll try small positions to experiment—don't get too caught up.
A friend also asked me, "Isn't this just a printing money game?" For a moment, I couldn't find a good counterargument.