Right now, market volatility is indeed intensifying. The Senate's review of the CLARITY Act on January 15th will be a watershed moment, directly affecting the future structural direction of the digital asset market.

Most notably, the Democratic Party's stance on conflict of interest prevention clauses is becoming increasingly firm, which means the regulatory direction has shifted — no longer just focusing on transaction compliance, but delving into more complex ethical issues. Against this backdrop, the compliance process for underlying protocols like ETH is under pressure, and the pain period is expected to continue.

Interestingly, community-based assets that are fully decentralized and have no project team command have shown considerable risk-hedging potential. The reason is simple — pure consensus cannot be dictated by legislation. No matter how many policies there are, they can't wipe out genuine community strength. Perhaps this is why some projects driven entirely by the community are more resilient amid policy uncertainties.

Do your own homework.