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Must-attend Level 1 Project: [EigenLayer]
Recently, there is a new coin that is very eye-catching. It is a token that has just been launched on Binance's re-staking track: $ethfi. It opened stable at around 3 , and then nearly tripled in the next two days!
So what about EigenLayer , which is also in the re-staking track? First of all, EigenLayer received $100 million in financing from A16Z on February 22.
Then EigenLayer's primary market valuation rose outrageously. It was valued at 500 million US dollars last year and is now valued at 5 billion to 10 billion US dollars.
If it goes online, FDV will be at least 50 billion US dollars . It should easily surpass $LDO . Therefore, the current market valuation of the staking track is still low, and they are all paving the way for the big brother. $ethfi Just buy it at a price of around $3, and it is not a problem to enter the top 100 in market value.
Why is Ethereum so weak and not pulling up the market? Except for Vitalik Buterin’s dating with girls, (Vitalik’s ability to call orders is also declining. He called $ENS twice, the first time the effect was good, the second time it only pulled up for fifteen minutes).
The main reason is still because of the staking narrative and re-staking narrative. From LiDO to eigenlayer, a large amount of ETH has been locked up. Without liquidity, there is no wealth effect.
In addition, the expected narrative has ended, Cancun has landed, and the Prague upgrade will not be until the end of the year, and everyone is generally not optimistic about the approval of the ETH ETF in May . As the saying goes, there is no disappointment without hope.
Therefore, ETH and the entire ETH ecosystem are performing very weakly, but the turning point will come after eigenlayer goes online, when ETH will be unlocked and liquidity will be released, and the Ethereum ecosystem will be rejuvenated .
As the leader in re-staking , eigenlayer carries too much hope and the potential of the project cannot be underestimated. The community has already obtained the second round of quotas. Friends who have subscribed should contact Qingtian as soon as possible. The quota is limited and first come first served!
The community-level project is being launched strongly. Friends who are interested in the project and want to participate in the subscription can add Qingtian WeChat: zknu758
Now let’s talk about the market. The recent market continues to fluctuate upward. It is highly likely that within three days, BTC will break a new high, that is, break through the high of 73777. The bottom price will be gradually raised, and the range will be fluctuated. All actions are for breakthroughs. Sunny days will recharge everyone’s faith, so that everyone can look forward to the bull market!
At present, the intraday pressure of BTC is 71000/71800/72500, and the support is 70000/69200/68500. The intraday pressure of Ethereum is 3600/3680/3750, and the support is 3500/3420/3360. It is still a low-long thinking , and you can leave when you make a profit of 1/2%. This is the only way to do it in the intraday short-term market, and the stop loss is still the same!
In the current market, some copycats have started to rise, especially small-cap currencies, which are very aggressive. However, Sunny reminds you that you must sell when the price rises violently, and you can’t be too aggressive! Fet Agix Ocean currency integration has brought a day of AI market. Artificial intelligence is the only sector concept that can continue to hype and continue to hype. Continue to hold in the medium and long term!
Moreover, April will be the month of Bitcoin. With the upcoming Bitcoin halving , the BTC ecosystem will be a hot topic in April.
Last night, Gouzhuang entered brc20 and directly raised the inscription merm by almost 10x. At present, the inscription market has been rising in volume. Whether it can continue remains to be seen. However, in April, the Bitcoin ecosystem-related gameplay will be very rich, and we will pay close attention to it.
Ordi will become stronger as the leader of inscriptions, and the inscription sector will be hot again like the local dog in March. In addition to inscriptions, other projects in the BTC ecosystem can be paid attention to. Bitcoin L2 such as stx, merlin, map, etc. are worth studying and investing. Rats, sats and ordi are still at a relatively low level. Watch and do it. Qingtian has said many times that you should buy when no one is interested and sell when the crowd is loud!
