When the big pie was 40,000, the second one was 3,000, when the big pie was 60,000, Ethereum was 3,000, and now the big pie is 90,000, the second pie is still 3,000.
Fans often send private messages asking why I don't talk about ETH. Isn't it already like this? What else is there to talk about? The reason why it was strong last round was that whether it was ICO or DeFi, a large amount of ETH was needed, so it went from the lowest 80s in 2018 to nearly 5,000 in the last round, but what does it have this round?
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It was finally an ETF, but everyone rushed to BTC, and Solana was also eyeing it, as I said before, if I had to choose, at least for now, I would choose SOL
What about the second one?
Although we can't see enough reasons for it to rise at the moment, what can be expected in the future is that the ETF of the second pie will open up staking, although the yield is not high, but for big finance it is also a great temptation, and in the future, as the yield of US Treasuries continues to decline, the staking of the second pie will become more and more attractive, and another is to wait for the capital to flow back to Ethereum, wait for its supplementary rise, but this is all future events, the main wave is also most likely in the middle and late period, it's just a torment for those who are holding it now, as for what to do now, we don't have to be too entangled with it, at least for now there are many better ones than it in this round.
Let's talk about the BTC market analysis today: From the K-line, the 1-hour level is oscillating, the 4-hour level is weak, the 12-hour level is sideways, and the daily level is rising. The intraday resistance is 9,350 and the support is 88,700 US dollars.
The wind has really changed! The crypto world is now completely different from the past, no matter how strong the value coins are, without buying support, they will go down as soon as they are launched; on the other hand, meme coins, with or without a community, can easily start with a market value of 5 billion or 10 billion, which is a true portrayal of the new round of market! Especially those global high-attention, clear narrative leading tracks, directly rushing to 10 billion or even higher market value is not uncommon.
Why? 1️⃣ Sufficient turnover of chips: The current market capital sensitivity is high, once the chips enter the active stage, the turnover rate goes up, the buying power will naturally form. 2️⃣ Narrative drives the joint force of capital: Meme coins have the attribute of hot spots, combined with the market's demand for traffic, capital is more likely to form resonance, and small coins can also bring out a big market. 3️⃣ Strong participation willingness: Compared to traditional value coins, investors are more willing to "gamble" on the outbreak of meme, this emotion has been fully reflected in many new coins. From the current market, coins with a market value of 0 to 100 billion will continue to emerge in this round of the market. This is the result of capital choice, as well as the embodiment of narrative and joint force. Missing the meme track is to miss the core of this round of the market! When the next wind vane comes, grasping the leading track is the right posture!
1. MEME coin sector: doge, shib, pepe, floki, doge, bonk 2. AI sector: agix, wld, fet, ai, nmr 3. Public chain sector: eth, bnb, sol, matic, ftm, ada, avax, dot, atom 4. Layer2 sector: op, arb, metis, imx, manta, egld, mnt 5. 2024 halving sector bch, bsv, zec, zen, btg 6. Gamefi sector: sand, mana, gala, enj, ron, pixel, ace, ilv, magic 7. Oracle sector: trb, link, api3, trb, band 8. Payment concept sector mob, ach, xlm, celo 9. Inscription sector ordi, sats, rats 10. Storage sector ar, fil, storj, blz 11. DeFi sector: aave, comp, rdnt, crv, mkr, avax, dydx 12. NFT sector blur, x2y2, looks, dego 13. Modular sector: tia, manta, dym, alt, 14. Sports sector: chz, santos, por, city, og
The craziness of DOGE, where is this just the beginning? The next big rise, maybe just around the corner! Don't look at Dogecoin seems a bit weak recently, but it hasn't really started yet! Many people think that the bull market of Dogecoin is over, but I want to tell you, this is just the beginning!
Imagine if the price of Dogecoin could break through a key level, say $0.44, it might just rocket up like a rocket and go straight to $0.58! This is no joke, according to technical analysis, this possibility is not small. Dogecoin's popularity hasn't reached its peak yet, just like it reached its all-time high before, there are still many people paying attention to it and wanting to get in. The potential of this meme coin is not just what we see. In addition to people's interest, there are some other factors also supporting the rise of Dogecoin, such as the bullish price trend and the current market sentiment. These are telling us that the next big rise of Dogecoin may be just around the corner. From a technical analysis perspective, Dogecoin has now formed a bullish pattern, like a coiled spring ready to break out. If it really breaks through, the price may run wild like an unruly horse. And Dogecoin's price is still above the 200-day moving average, indicating that its trend is upward. The relative strength index also shows that there may be an upward rebound in the next few days, because the price has approached the oversold area. Although Dogecoin's price has dropped a bit recently and the trading volume has also decreased, this may just be traders and investors waiting for the bullish pattern to break out.
This is the most important principle in the crypto world
When faced with new things with wealth effects, embrace them first instead of questioning them, because the essence of the crypto world is the issuance of new assets. As long as it is "new", it must be different from what you knew before.
Some retail brothers are complaining: You talk about inscriptions today, animals tomorrow, and meme AI the day after, it's just using junk assets to cut the leeks. Brother, the crypto world is constantly iterating rapidly, if you feel that others are all cutting you, is it possible that your learning speed is too slow and your action is too slow, and you can't keep up with the pace at all?
The market is never wrong, the ones who don't understand the trend are wrong!
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