20240330 Weekly Narrative Observation By Cousin Ryan
《SOL BASE dual-wheel drive, CEX local market differentiation is obvious, overseas large-size funds take over for Chinese people》
This week, Onchain $MEW has reappeared again and again, but the momentum is not as hot as the previous two weeks. It is more driven by funds. The sentiment of retail investors is similar to the initial bonk. No one got on the bus, and everyone was watching which is bullish; right to mid Curve Base narrative $Degen is leading the trend. I missed it completely because of IQ50, and the BASE big pool route $DINO also failed to run, but the strong artist $MFER coin activated the community, new money poured in and fiercely ape, but at present, there is still not enough hot money. It remains to be seen whether it is possible to shift from ETH/SOL, and the initial state is fully revealed.
TON AVAX is over. Similarly, there are very interesting things happening on both the first and second levels this week. The frequency of European and American funds taking over Chinese positions has increased. Etherfi has silenced everyone. $ZK rally is OK.
The volatility of individual account PnL is a new high. On the basis of SOL, the strategy of increasing base chain exposure is successful. However, I seem to have begun to adapt to such a high dopamine market. Just grab your own heavy position.
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