What CZ said makes sense, but the problem is that cryptocurrencies have become a game for whales and institutions to harvest retail investors. This is a market without strict regulation on whales, and every time they can guess the outcome, retail investors are ultimately the ones being eliminated. Is this beneficial for the development of cryptocurrencies?
Data has shown that the average lifespan of retail investors on exchanges is about three months, constantly concentrating wealth from retail investors while demanding that they respect the market. However, this doesn't resemble a market; many times, the laws of the market fail here. The rise and fall of tokens can solely depend on the will of a single whale. The market has shifted from predicting market behavior to analyzing the psychology of the whales. Can this market still be healthy?
