This is far worse than I expected.
New targets: $87k-$88k
Slow n steady then all at once.

I really do think we see $93k - $95k $BTC before going higher.
Make sure you don't get liquidated, we are in for some volatility!

James Wynn

Twitter

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This article is from Prince, co-founder of Avon.
Compiled by Odaily Odaily(@OdailyChina); Translated by Azuma (@azuma_eth)
TL;DR
People's use of DeFi has become highly similar. The market and infrastructure are maturing, but users' mentality has gradually shifted from curiosity to caution. The reward mechanism has changed from "users bear the risks and rewards themselves" to "users wait to be rewarded," and participation behavior has gradually converged around incentives.
The Fading DeFi
DeFi gives people the feeling that...