As we all know, I have been criticizing Binance a lot since October last year.

But what I want to say is that many issues are structural problems in the industry that cannot be solved by one company alone.

Saying that after Alpha got listed, the price has been falling? In fact, all coins have roughly experienced the same after being listed. Altcoin market capitalization has been on a long-term downward trend, and whether it's Binance's Alpha or others, the price will drop the same.

Binance has responsibility, this has always been my core viewpoint. But that doesn't mean all the problems in this industry can be blamed on Binance.

He Yi and CZ have reached this level, and they no longer need to engage in any dirty operations to make money decently. Many of the accusations against them, in my view as a big critic of Binance, belong to excessive conspiracy theories.

Binance's current position in the industry is because they have done many things right in the past. We hope the leading players can do better; in fact, they also want to do better, and venting emotions won't make the industry better. Today, I don't want to add fuel to the fire, I just want to say a fair word.