If I knew what was going to happen next, then I would be rich by now but unfortunately I don't have a crystal ball. Knowing that a big chunk of the population aka the Chinese are banned from crypto is one of the saddest events to hit crypto, but also knowing that many rich Chinese have dual nationality and have bought European and U.S/Canadian passports, still makes me feel they might still be involved in some way. The rich always get around the local laws much easier than poor folks so rich Chinese whales I am sure are still participating. I see some optimism n the markets though, we might be slowly getting back into a bull market next month.
China has very big population and many of them are interesting in cryptocurrency nowdays.
Knowing the big population country like china is really disappointing but its not the saddest moment in crypto.
When china ban crypto, bitcoin went lower and back up to hit and break all time high till more than $19k last year.
But now, not big news but the price of all crypto was very low and lower than when china ban bitcoin.