Today, when I opened Twitter, I almost became depressed.
Why are they all FUDing my valuable coins? It makes me shiver and my back goes cold. I look at my wallet again. Didn’t I lose money yesterday? Why did I lose money again today?
What's going on?
Why are all valuable coins falling? Here is some analysis compiled by Twitter KOLs.
BTCdayu: No one is willing to take over from each other? Because we can’t take over anymore!
"The bull market of Altcoin will not come? No, it has already come. Bitcoin is 64,000, with a market value of 1.2 trillion, accounting for 53%, and the scale of Altcoin is more than 1 trillion. In 20 years, Bitcoin is 11,000, with a market value of 258 billion, accounting for 58%, and the market value of Altcoin is only 183.2 billion. Therefore, when Bitcoin hits 60,000 in 20 years, it will increase by 6 times, and the total market value of Altcoin will also increase by 6 times to just over 1 trillion. Therefore, the total scale of Altcoin, especially various L2 and new narratives, is already the high point of the last bull market!
Consider three things:
First of all, how much money would be needed to increase 1 trillion by 10 times to 10 trillion?
Secondly, a large number of new coins issued in bear markets and early bull markets have low circulation and high unlocking. How much money will be needed for the waterfall-like dumping in the next year?
Finally, this new change determines that the investment strategy must also change! "
Wu Blockchain about blockchain: high FDV, low circulation projects are listed one after another
“Thor Hartvigsen counted the market capitalization and FDV of the main newly issued tokens this year, among which JUP, ENA, ONDO, and W ranked the top four with a market capitalization of more than 1 billion US dollars. ENA and STRK FDV exceeded 10 billion US dollars. In addition, a large number of Binance IEO tokens also have large market capitalizations and FDVs.
Thor Hartvigsen pointed out that in the future, maintaining this market value will face a lot of selling pressure, because the FDV is large but the circulation rate is low. In addition, there are a large number of tokens to be listed, including modularity, cross-chain bridges, LRTs, EigenLayer, L1/L2/L3, Perp DEXes, etc. " 
User ttila@Attila31574324 left a message saying: “The key issue is not here. These projects need to unlock 70 billion by the end of the year, but only more than 50 billion has flowed into BTC ETFs. Those who take over these projects are brave.”
Kay Capital@keyahayek said: "The bloody connotation of this graph depends on your understanding of "market value". My understanding is: market value = total hot money willing to take over this coin in the neighborhood at time T0 * prosperity coefficient.
In a bear market, the former parameter is at least halved, and the latter is at least halved. In other words, the market value in a bear market is 25% off. But there are still new coins released. The average MC/FDV = 0.12, after ex-rights 0.25*0.12=0.03. Most of the coins here can fall by 97%.
The most important point is that when there is no fundamental change in the fundamentals (similar to GMX and PENDLE), the amount of hot money willing to take over a coin is relatively constant. ” 
Forgiven: The cycle is cruel
"Recently, many new Bn-level projects have been launched, and project owners and VCs have been selling SAFT (with lock-up period) at a discount. Based on the first principle of the cycle, I will give a market guide price that has a chance of winning:
0-6 months linear: 30% off spot price
June-December: 90% off
December+: 50% off
Other KOLs can take a look at the KOL round valuation and unlocking, and evaluate whether they can make a profit. " 
When GMT was 2 yuan, someone gave it to me at 50% off. Stepn was at its peak at that time. If you bought it, you might be very excited, after all, GMT quickly rushed to 4 yuan, but now it is like an idiot. That is to say, when it was 2 yuan, you bargained for 10% off, and today it is still on the way to unlocking and slowly recovering the investment. Now is a bull market, how terrible, don’t say you were at your peak, now there are a lot of shabby things, don’t underestimate the power of cycles, if you have experienced it, you will understand how cruel it is. " 
Such FUD is already ruthless, and the clever Jenny @Meta8Mate has another blow: "Many people would think that most of the altcoins have been cut in half now, so when the BTC is 50K-40K, won't it be cut in half again? Let me tell you something that hurts you. In the bull market of 2021, FIL was at a high of 238. If you buy the dips the buy the dips at 119, there is no difference between you and those who buy the dips at 59 or 30. The current price is 5."
Professor Suo said @hellosuoha: Sentiment has reached the most bearish level
“The drop in the value of the altcoins is indeed quite tragic. I don’t know how your altcoins are doing, but the value of my altcoins has generally dropped by more than 50%, and some have dropped by as much as 70%. It’s quite sad. The key is that these are new coins.
I don’t know how to play now. Chasing highs will also get me trapped, and buying at the buy the dips will also get me trapped. Buying means waiting to be trapped. I am a bit confused.
This market situation seems to be even more difficult than the "bear market". During the "bear market", everyone seems to have no emotions at all. They run away when they make money and cut their losses when they are trapped.
The current market hotspots fade very quickly, from the "Rune fever" that ended in 2-3 days, to the #SolanaMemeCoins fever that disappeared again. Maybe many hot spots have not disappeared, but the "hot coins" have been changing.
Anyone who has played the meme knows that when the hotspot disappears, the funds disappear, the buying disappears, and the price plummets.
It seems that the meme has been disappearing these two days. Once the popularity is gone, some people start to move away from it, and once it starts moving away, it becomes a "chain reaction".
I don’t know how you guys play it, but my head hurts.
Today many groups are basically silent, which used to be full of laughter and joy. Some groups that used to have 999+ now have 99+, and some groups that used to have 99+ now have no one talking all day.
The topics that people in many groups are talking about are no longer "new hot spots" or "alpha information", but "will it continue to fall?", "is there still a war?", "when will the Federal Reserve cut interest rates?", "has the yen depreciated again?", etc.
Can you imagine that in a circle that is all about making money, the hot topic everyone talked about all day was "short plays"???"
Key points of the full text!
Instead of watching KOLs FUD the value of coins, it is better to watch popular TV dramas in the crypto.
The youtube link of "Reborn as a Big Boss in the Crypto", let’s watch it together.
