The market is in urgent need of a decentralized trading platform that can provide an extremely fast trading experience while maintaining a trustless nature.

Raising interest rates and shrinking balance sheets will not lead to a direct reversal of market trends, and quantitative changes will only achieve qualitative changes to a certain extent.

Taking the development of blockchain as the main line, it describes the main tracks of development so far.

This article analyzes the macroeconomics of the global economy and the status quo of the encryption market, and makes a research and judgment on the market trend in the first quarter of 2022, which is for discussion only.