Chris Burniske, a former head of crypto at ArkInvest and now a partner at Placeholder VC, said on social media, "Although BTC and ETH are in a period of consolidation and the market sentiment feels as if Satoshi Nakamoto has passed away, the long tail market is showing signs of strength. At the same time, blockchain technology is gradually being integrated into all levels of society, although for those who are impatient, it is not moving fast enough. But I have no doubt that the future is bright. Mainstream coins are still in the same range as Quarter 1 in 2024, the infrastructure is maturing, the application experiments are expanding (both in variety and geographic scope), but the market sentiment is completely opposite to Quarter 1 - wonderful. What's wrong with that? Don't be intimidated. "