In the morning, we talked about a traditional second tier financial institution and found that the institutions were also very anxious. The original business has encountered bottlenecks. In the past few years, we were able to eat meat, but in the past two years, we haven't been able to drink soup. The middle management below all know that encryption is the future trend, but the big boss is still undecided. We have held multiple rounds of seminars internally, but we have not yet made a final decision on how to enter the market. 'Uncontrollable risks' are the biggest concern. There should be many institutions like this, and I believe they will eventually come in and line up to squeeze in. Now we think BTC is expensive, ETH is expensive, XRP is expensive, and we are afraid it will be even more expensive in the future. Previously, Maotai and now Nvidia were both promoted by FOMO institutions. Because the market simply does not have so many value options to choose from, it is better to speculate on certain targets than to pick up small currencies. So I say it is important to have a deep understanding of the inconsistency between the behavior of institutional funds and retail funds.