I took a rough look, and basically, most of the traffic comes from platforms like Douyin, Xiaohongshu, and Zhihu, which are primarily content aggregators. There is very little interaction with Premium, and this type of pure aggregation may gradually be reduced. Moreover, @nikitabier has also indicated that views are not the main source of revenue; interaction with Premium (Premium+) and natural exposure on the homepage are more important.

This means that a million general views may only earn a few dozen dollars, but if Premium users like, reply to, and spend time on the content, it can significantly increase the revenue share. Therefore, user engagement and discussion (effective interaction) can enhance earnings.

My traffic each month is not very high, but the revenue share is very stable because my users mainly want to see $BTC data and understand some macro situations. I am very willing to interact with everyone; of course, the current market situation is not good, and there are fewer people who like to chat, but I will try to engage with those who can, as this benefits everyone’s improvement.

As time goes on, the revenue share for passive traffic will decrease, and X's selection will become stricter. This is also why I have always emphasized that content and interaction are key. Either you have leading news, or you have unique insights; the more you can engage Premium users, the more revenue share you can obtain.

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