Deep Tide TechFlow News, March 27, JackYi (@Jackyi_ld) posted an article pointing out that the current crypto market is in a bear phase, the Middle East war continues beyond expectations, global risk aversion sentiment is rising, and oil prices are steadily increasing. Since the 1011 incident, liquidity in the crypto industry has been continuously declining. This event severely impacted crypto middle-class investors, with altcoins crashing and liquidating retail investors. The 1/3 rule has caused heavy losses for crypto VCs, while exchanges, market makers, and project teams continue to drain funds. The market's only remaining sources of liquidity are Wall Street ETFs, DAT, and a few believers.