Placeholder Partner: Although BTC and ETH are in a consolidation period, they still believe that the prospects are bright

BlockBeats news, on September 8, Chris Burniske, former head of Ark Invest encryption and current partner of Placeholder VC, said on social media, "Although BTC and ETH are in a consolidation period, market sentiment makes people feel as if Satoshi Nakamoto has passed away, but 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, all this progress is not fast enough. But I have no doubt that the future is bright.

Mainstream currencies are still in the same range as the first quarter of 2024, infrastructure continues to mature, and application experiments are expanding (both in terms of type and geographic scope), but market sentiment is exactly the opposite of the first quarter - wonderful. What's wrong with this? Don't be scared."