Regarding the policy market of the cryptocurrency industry, there are not many that have been following policies for a longer and deeper time than me. In November last year, it was mentioned that "there will be a good environment for the cryptocurrency industry and a relaxed regulatory environment in the future." In March of this year, it was announced that a wave of stablecoins would come. https://((x.com))/qinbank/status/194582573179332468? s=46&t=k6rimWsEbo2D2tXolYcM-A。 The morning tweet did not overlook the importance of policies, but macroeconomic and inflation trends are also crucial, which should be the two main logic driving external capital inflows: one is the economy, inflation, and interest rates; The second is industrial policies and industrial development. So I didn't say the situation is over, I just said it's a shake up adjustment. The oscillation is not only downward, but also upward in the middle, and there should be opportunities for adjustment in the future. Have you talked about https://((x.com))/qinbafrank/status/1965322315320926582 in mid September? S=46&t=k6rimWs Ebo2D2TXolYcM-A: The timing of the policy rhythm in the cryptocurrency industry within the year, followed by the two more important SEC spring agendas, the Digital Asset Market Structure Act, may also be a catalyst for the future cryptocurrency market. But there is also one thing that needs to be understood, as we discussed before: https://((x.com))/qinbufark/status/1953370327012262397? S=46&t=k6rimWs Ebo2D2TXolYcM-A: During the period of major turnover, all macro trends and industrial policy drivers ultimately fall on the level of funds. The sustained strong force of the buyer is far greater than that of the seller, and the overall market of the currency can rise. The short-term weakness of the buyer and the reason for the weakness of the two will also lead to an increase in the strength of the seller, which will result in an adjustment. From a long-term perspective, I believe this trend is persistent and irreversible (seller to buyer turnover), but it is normal to experience weakness or even regression in the short to medium term. The future is bright, but the road is winding, provided that we cannot die halfway (to ensure that we are not taken off the table).