Shen Yu: The market may warm up in the second half of the year, and the U.S. National Reserve is key

ChainCatcher news, in the Space hosted by Wu Shuo and Cobo, Shen Yu recalled for the first time the scene of 12,000 ETH being stolen last year: at that time, Eigenlayer was airdropping tokens, and his physical condition was not ideal. He clicked on a wrong link, which had issues. Although there were risk controls for the domain name and DNS resolution, it was just bypassed. The hardware wallet was a blind sign, and he didn't check it carefully. It was likely North Korean hackers, and it couldn't be recovered. But later, it was found that the safe multi-signature issue was even more serious, with almost every transaction being a blind sign.

Shen Yu stated that in the face of national power, trained since his teens, penetrating enterprises, and the challenges of human nature, the industry needs to have a clear awareness. When facing such opponents, even a slight relaxation of human nature is not acceptable; very resilient means and methods are needed, and possibly an independent third party may need to join in security management.

Regarding expectations for the market this year, Shen Yu mentioned that it might be in the second half of the year, around June to October, after the U.S. national reserve becomes clearer, that the industry market will see a significant influx of new funds. As for the transition between bull and bear markets, it is difficult to judge; the key depends on whether there will be results from the U.S. national reserve this year. If there are no results, the bull market may end, but at this moment, the probability of it passing is still relatively high.