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TechFlow news, October 29: JackYi, founder of LD Capital, posted that the current market is in a deep adjustment phase. Despite sustained热度 in sectors like AI and gold, large-scale funds are unlikely to flow into the crypto space in the short term, causing most projects to lose their fundraising capabilities. He stated that his team has chosen to wait on the sidelines, reserving investment until a clear bottom emerges.
LD Capital founder JackYi stated: The current market is in a deep adjustment phase. Despite sustained热度 in sectors like AI and gold, large capital inflows are unlikely to enter the crypto space in the short term, causing most projects to lose their fundraising capabilities. He mentioned that his team has chosen to wait on the sidelines, holding off on investments until a clear market bottom emerges.
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