Wrong, you probably haven't bought any US stocks before The size of individual investors in the US stock market is quite large, much larger than the cryptocurrency industry. It is hundreds of times easier to make big tech stocks that retail investors like than in the cryptocurrency industry. Good liquidity and smooth trend It's not easy to do in the cryptocurrency industry because it has been converted into A-shares, which is much more difficult than the leading companies in the US stock market I think retail investors in the cryptocurrency circle are piling up foolish money, that's the cryptocurrency circle before 2021 The institutions you mentioned are mostly quantitative, which are bulk futures and foreign exchange. Retail investors entering these two markets will only end up dying