Then there is how you are concerned about operation.

In fact, rather than calling it the cryptocurrency circle, I prefer to call it the crypto market. More people hope this market is independent of the traditional market, but now, due to the involvement of institutions, it has clearly deviated and become a "derivative" that is highly tied to the traditional market.

This is not good, because once a black swan event occurs in the traditional market, the "derivatives" will be the first to collapse, which is undeniable.

Now, more people are also treating the cryptocurrency circle as a safe-haven asset. The cryptocurrency circle indeed has safe-haven attributes, but those are for safe-haven government actions, not for avoiding financial storms.