#加密货币监管 This regulatory statement is worth paying attention to. From on-chain data, there have indeed been some warning signs recently. Fund flow analysis shows that some large holders are trending towards withdrawal, and the frequency of contract interactions has also decreased. The tightening of regulatory attitudes may further impact market sentiment. It is recommended to closely monitor subsequent policy developments and pay attention to changes in the concentration of holdings of mainstream tokens. For emerging projects, it is especially important to carefully assess their compliance and long-term development prospects. Overall, at this stage, it is better to remain rational and manage risks effectively.