ChainCatcher news, Andre Cronje, a director of the Fantom Foundation, stated that the cryptocurrency market is closely related to the overall macro market, and various factors indicate that the macroeconomic environment is far from showing bullish sentiment. Cronje said, "Look at the real estate market, it has just started to slow down, the bubble has not yet burst, and the recession hasn't even fully begun. Purely from the perspective of investor value, the crypto winter is far from over."