Good day 
China is kinda doing it rong (again):

https://www.cnbc.com/2021/06/21/china-central-bank-urges-alipay-banks-to-crack-down-on-crypto.html

A great chance for the west, which is in fact everywhere outside of china, to build a strong market around crypto.
At least many big chinese market players are out of the game now, which removes some degree of manipulation from the cryptospace.
I'm bullish, but more in the longer run. In fact this change would make an S-curve (a.k.a. "no more cycles") a bit more likely than not, imo.
Too little time to elaborate. Have a nice time and #hodlstrong!