TechFlow news — Crypto researcher 0xLoki tweeted that compared to the beginning of the year, he has become more bearish on crypto assets other than BTC/ETH.
Loki analyzed common traits among currently popular projects such as Eths, Unibot, Friend.tech, and bonds:
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Simple mechanics, leading directly into competitive phases;
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Seemingly fair, yet inherently unfair in practice.
Loki believes these phenomena reflect the ongoing deterioration of liquidity in the crypto market. After VC funds and incremental capital exit, various gambling-style projects emerge in this low-liquidity environment—merely extracting value from each other without generating real wealth effects.
Loki advises:
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During the third stage of liquidity drawdown, safeguard your BTC/ETH;
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Aside from BTC/ETH, you don’t need to worry about missing any opportunities—the chance to get back in will always come again;
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If you insist on engaging in PvP (player-versus-player) games, remember: the true stop-loss or take-profit is walking away from the table.
