1季度受季节影响，手机行业增速放缓h1mP但随着手机端去库QREW接近尾声，供应链ieVe一轮备货开启在即QnhA预计从3月份开始供应链将迎来第一波1GtF货小高峰，带动半NWn6体景气度回暖4MJy

FinancialmarketlawandregulationarenotapplicabletoallICOs.DependingonthemannerinwhichICOsaredesigned,theymaynotinallcasesbesubjecttoregulatoryrequirements.Circumstancesmustbeconsideredonacase-by-casebasis.AssetoutinFINMAGuidance04/2017,thereareseveralareasinwhichICOsarepotentiallyimpactedbyfinancialmarketregulation.Atpresent,thereisnoICO-specificregulation,noristhererelevantcaselaworconsistentlegaldoctrine.