Many people are extremely disappointed with the crypto world, but from a cyclical perspective, the current state of the crypto market is normal. According to regular cycles, it's still very early to be disappointed; there will be more than ten times the disappointment later on. Until no one is disappointed anymore—that is, until there are no more people—CEX active users are only a few thousand.


Isn't this the charm of the crypto world? Enough lows plus enough highs—this high and low cycle creates opportunities. The crypto space always manages to generate new narratives.
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