Why has the U.S. stock market been able to remain bullish? One key reason is that the giants have driven the market through buybacks. For instance, Apple, the largest buyer of its own stock, is not Buffett or any fund, but Apple itself. Many excellent companies do this, using real money to stabilize their own stock prices, or even driving them higher.

Looking at it from the perspective of DeFi, many protocols are already very profitable now, and their scale is growing larger and larger. If these protocols are willing to buy back their own tokens with profits in the future, or even become the largest buyers, then the valuation and sentiment of the entire sector will be completely different.
As long as the projects that make money in the crypto world start to buy back their tokens like real companies in the US stock market, the market for altcoins will naturally have support and may even usher in real prosperity. #加密市场观察
Currently, only $HYPE and $PUMP are really doing this.