Although the price is still acceptable, liquidity has dropped sharply, and the time for sharp rise and fall is coming soon.

As mentioned in the text, although BTC and ETH are at high levels now, the overall market liquidity is relatively poor. There are many reasons for this. First, the tightening of liquidity caused by the Fed’s interest rate hike is a long-term reaction.

Secondly, market makers like Jump are shrinking. In order to make up for previous losses, all of Jump’s recent market-making projects have been sold off immediately after launch. There are also rumors that Jump will withdraw from the US crypto market.

All the recent altcoins have been hit by a market crash. Even top L2 blue-chip coins like ARB cannot escape this fate. BTC and ETH have not surged to suck the blood of altcoins. MEME spring is over. Wealth transfer has come. The market looks shaky, so keep your chips safe. The golden opportunity to buy L2's ARB and OP at the bottom should be coming soon.