The industry needs more positive incentives, less mutual support and more constructive collaboration. During the bear market, Binance (@binance) and CZ (@cz_binance), along with the prominent figure Heyibinance, became targets of emotional outbursts, but the real industry problems lie elsewhere. While Binance certainly played a role in the October 11th crash, and has acknowledged its issues, these were largely short-term structural factors, primarily reflecting wealth transfers within the crypto ecosystem. The fundamental problem lies in the current lack of innovation, new narratives, and the wealth effect generated by these narratives. The wealth effect of the AI industry has drawn away hot money from crypto, intercepting much of the inflow of both new and old capital. This is the long-term, trend-driven crisis, a problem we must confront and address collectively. Focusing solely on short-term structural issues without reflecting on this is like burying one's head in the sand—it solves nothing in the long run. @yayabinance