Many people say that there are no more people in the crypto circle now.



Compared to the peak in 2021, there were still quite a few active in August 2022. It was only after FTX that no one was around for those two months.

This time, after the October peak, it only took three months for everyone to disappear.

The reason remains as I mentioned before. This peak was not a bustling, lively peak; the overall enthusiasm was not high to begin with.

Going from a heat level of 100 to 10 is slow, but dropping from 30 to 10 is quick.

Therefore, the bottom is also likely to appear earlier (rather than a year of bear market).
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)