It's not just the cryptocurrency world; all industries are becoming increasingly difficult.


Luke Wen: 90% of movies are operating at a loss; this industry is no different from being dead.
A few days ago, influencer Luke Wen posted a message mentioning:
The Chinese film market has actually already collapsed.
In January 2026, the total box office nationwide was only 1.96B yuan, February 7.79B yuan, March 2.12B yuan.
90% of movies are losing money; if 90% of people in an industry are losing money, what's the difference between that industry and being dead?
Luke Wen's words are very sharp, even somewhat exaggerated, but they reveal the current real predicament of Chinese cinema.
As for how difficult the film industry is right now, only industry insiders can truly understand. $BTC
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