To summarize the content that friends have been chatting about the most recently: 1. There is no alpha in the currency circle, and beta is not as good as U.S. stocks 2. At present, it is the last grassroots cycle in the currency circle, and those who have not made money should hurry, and those who have made money before have held on 3. Compliance is a general trend, but it can't make money in the short term 4. BTC is the only big narrative in the cryptocurrency circle 5. ETH fundamentals seem to have not changed but have actually changed, so it will rebound but it is difficult to reverse (I will write a special article to analyze it in the future)