#ETH How to view the current status of the crypto world

1. Now the crypto world is losing its patience and lacks large incremental funds, just like retail investors.
2. Due to the interest rate hikes and stricter regulations in the United States, the previous large capital
Basically, it used to be mostly from American banks, but now it's basically gone. Coupled with the economic downturn, institutional wallets are not bulging either.
3. Domestic regulations remain strict, and domestic project parties can only act cautiously.
4, there are not many innovative things in the crypto world, and there are not enough breakthrough new things. It is basically old wine in a new bottle. The opportunity for retail investors is still on-chain, and there is not enough incremental capital, which leads to insufficient sustainable profitability, making it difficult to cultivate retail investor Consensus.
5. This situation requires the old beauty to re-point shaving and increase market liquidity
Funds, Hong Kong can truly relax its policies, allowing institutional funds to enter this market through more channels, uniting people and cultivating consensus, and continuing to optimize on-chain transaction fees are necessary for eth.
6. Last year was tough, but this year is even tougher. Retail investors have lost a lot of money on airdrops or buying unpopular coins, and holding spot positions has also resulted in losses of 60%-90%. The market will not pick up until the Fed begins cutting interest rates.
7. This is the trend and rhythm of the bull and bear market cycle in the crypto world. I am optimistic about the fourth quarter. If this is grasped, there will be basically no problem. The remaining issue is the belief in the crypto world!