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2024.3.20 Market AnalysisThe direction is clear and can be analyzed without simulation. It is for reference only. News: Today’s Panic and Greed Index is 74. 1. Bloomberg analyst: Ethereum spot ETF application may not be approved in May. The U.S. SEC delays decisions on Hashdex and Ark 21Shares Ethereum ETFs. 2. Tether has printed an additional 1 billion USDT on the Tron network, which is good news. The circulation of TRC20-USDT exceeded 54.8 billion, a record high. 3. Bitcoin spot ETF had a net outflow of US$326 million yesterday. The Bitcoin spot ETF has experienced net outflows for two consecutive days, with a total net asset value of US$53.55 billion. The cumulative net inflow of BlackRock IBIT exceeded US$13 billion, and the net outflow of GBTC exceeded US$12.8 billion during the same period. 4. Polygon’s $4 million sponsorship of Starbucks to enter the encryption field ended in failure. 5. Nvidia’s latest AI chip will cost more than $30,000.

2024.3.20 Market Analysis

The direction is clear and can be analyzed without simulation. It is for reference only.
News: Today’s Panic and Greed Index is 74. 1. Bloomberg analyst: Ethereum spot ETF application may not be approved in May. The U.S. SEC delays decisions on Hashdex and Ark 21Shares Ethereum ETFs. 2. Tether has printed an additional 1 billion USDT on the Tron network, which is good news. The circulation of TRC20-USDT exceeded 54.8 billion, a record high. 3. Bitcoin spot ETF had a net outflow of US$326 million yesterday. The Bitcoin spot ETF has experienced net outflows for two consecutive days, with a total net asset value of US$53.55 billion. The cumulative net inflow of BlackRock IBIT exceeded US$13 billion, and the net outflow of GBTC exceeded US$12.8 billion during the same period. 4. Polygon’s $4 million sponsorship of Starbucks to enter the encryption field ended in failure. 5. Nvidia’s latest AI chip will cost more than $30,000.
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If I buy 10,000 cryptocurrencies now, will I become a millionaire in ten years?An old investor who entered the market in 2011 has something to say In the market, The effect of choice being greater than effort is particularly obvious. 6 years ago you bought Bitcoin and Ethereum, A hundred times for sure. The darkest time of the last bear market was 312. Bitcoin price is 3800, Ethereum 88, The peak of the bull market is 69,000. Ethereum is at 4800, I'm not good at math, please help me calculate it. Ethereum has increased 60 times If you choose altcoins, There is a high probability that the principal will shrink by more than 10 times. I have not made any money and have suffered huge losses. The most important thing is to miss the bonus period of time.

If I buy 10,000 cryptocurrencies now, will I become a millionaire in ten years?

An old investor who entered the market in 2011 has something to say
In the market,
The effect of choice being greater than effort is particularly obvious.
6 years ago you bought Bitcoin and Ethereum,
A hundred times for sure.
The darkest time of the last bear market was 312.
Bitcoin price is 3800, Ethereum 88,
The peak of the bull market is 69,000.
Ethereum is at 4800,
I'm not good at math, please help me calculate it.
Ethereum has increased 60 times
If you choose altcoins,
There is a high probability that the principal will shrink by more than 10 times.
I have not made any money and have suffered huge losses.
The most important thing is to miss the bonus period of time.
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