Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
The market is down right now because there is no increased in the investors. We have to double our effort to let believe in the world of crypto so that if they do believe they will also invest.
Yes, and we don't see much of new investors because of the laws and regulations, as it was suggested in the OP. I think that the Chinese communist government has made some wrong decisions recently regarding Bitcoin and crypto in general, and that is one of the main reasons why new investors don't rush to jump in, along with US SEC procrastination with ETF approval. What the potential investors should know though, is that it is much more likely that the Mainland China will become like Hong Kong and Taiwan in the nearest future than the other way around. Communism is dying and the forces hostile to Bitcoin are dying with it. As for the US SEC, I think the oldsters should give way to progressively-minded youth as soon as possible, for their own good.