Retail investors can't hold on and will cut losses, do you think institutional investors won't?

With a general bull market, don't think you can replicate the previous rounds in the future.

There will still be some individual cases, but if you want an overall bull market, you need to view it rationally [😅

Whether it's interest rate hikes, balance sheet reductions, US stocks, or external policies,

none of these are the biggest stumbling blocks on the road to a counterfeit bull market.

Our problems lie within ourselves; 80% of the market's fakes are being hyped up by our own people, but the strongest historical regulations have restricted the market's free liquidity. Just a small anomaly can trigger the risk control system, 👮🏻‍♂️ the authorities can immediately call you or summon you.

Newcomers are hesitant to enter, and older investors find it hard to exit, the cheap issuance mechanism has led to many tools and fewer resources.

If blockchain loses its freedom, the dragon has suffered a critical blow.

This repeats what was said two years ago, so consider it a unified response.