The rise of assets is driven by sentiment + capital

Sentiment

Various fallacies have been gradually eliminated by the market

VCs, market makers, project parties... each one like a rat crossing the street

Capital

Large holders are lying flat with BTC and U

Medium-sized investors with 1 million can take out 50,000 to speculate, which is considered a big picture

Small investors owe debts to Jack Ma, Liu Qiangdong... a mountain of debt

In the United States, there is also a fast “collective immunity” to Trump

The overall market atmosphere has actually reached freezing point

In the last cycle, at least everyone still believed in the blockchain revolution

The most obvious difference this time is

Everyone has already lost hope