MKR，SNX

Let's briefly discuss the current situation of Ethereum. As the leading technology driver that has sparked the narrative around RWA (Real World Assets), Ethereum is currently facing an overly bloated ecosystem. It seems that wherever you look, there is Ethereum's presence, yet it lacks any particularly outstanding features, which has allowed new technology factions like SOL and SUI to seize the opportunity and aggressively compete for market share.
If we look at traditional companies such as Alibaba, we see a similar situation with ecosystem bloat. Many years ago, I discussed with friends how it seems that every industry has Alibaba's presence, but with each acquisition, the company risks losing market share, leading to Alibaba's current decline. Unlike Tencent, which has a strong core business operation, Ethereum has not yet found its core business, or it has not fully committed to developing it. It always seems to follow the market and drift along with the tide, resulting in an increasingly bloated ecosystem where most people are unclear about what it is doing, or even it is unclear about what it wants to achieve. A person's energy is limited, a company's energy is limited, and the same applies to an entire crypto ecosystem.
If Ethereum, BNB, and others take RWA tokenization of real assets as an entry point or fully develop it into their core business, the narrative would be very strong and aligned with the future main theme of the crypto world. After the ETF applications are approved, we can see that institutions like BlackRock, as I previously expected, announced that the next step is the tokenization of real assets. This is a trillion-dollar market and the beginning of a new financial revolution. While Ethereum has the first-mover advantage in laying the foundation or becoming the standard, in the tech world, all advantages will be diminished with technological iterations. Of course, I believe that mainstream institutions like BlackRock have long laid out their strategies in the RWA-related token market. Ethereum will also follow the market into a new period of explosive growth. Although I don't understand the technology well, I can roughly speculate on some future market conditions. Defi-related tokens are about to experience a resurgence, with tokens like AAVE, MKR, CRV, and COMP expected to perform exceptionally well in the near future. Now, allocating 30% of funds into RWA-related token ONDO could yield a substantial return in line with the main theme.

#ENA $ENA #MKR，SNX $MKR #USDe #dai
The previous article mentioned the core role of ENA, but it is relatively abstract and seems to be very difficult for everyone to understand

I will open a separate article here to talk about it

First of all, everyone should understand the status of Suanwen in the currency circle, just like the aircraft engine is the pearl on the crown of industry, Suanwen is the pearl of the currency circle

Secondly, as long as there is a project that can add leverage to the market and has a certain scale, then this project will definitely be sought after by funds and is destined to take off

The most intuitive example is MKR and the stablecoin Dai it issued.
The core logic of leveraging the market is to buy Ethereum and Bitcoin, mortgage them to MKR, mint the stablecoin Dai, and then use Dai to continue to buy spot Ethereum and Bitcoin, and repeat this cycle, resulting in less and less spot in the market and rising prices.
But the disadvantages are also obvious. Only 80 Dai can be minted for 100U worth of Ethereum, which is similar to the concept of loss, resulting in the inability to keep leveraging funds. Unless the price keeps rising, the more leverage is cycled, the less funds can be used. Of course, this does not affect the price takeoff of MKR, and the market value has long dominated the top five 10

Back to ENA, for every 100 USDe minted, 50U worth of Ethereum spot will be bought in the market, and then 50U worth of short orders will be opened. The value is anchored, and the capital utilization rate is 100%. Buy 100U of Ethereum and lock it in ENA to take out 100USDe to continue buying, and repeat it over and over again. The leverage that can be added is N times that of MKR, and the capital utilization rate is extremely high
The extra money must have a source. The higher the leverage, the more short orders there are in the contract. However, since the contract price is greatly affected by the spot price, the spot quantity is limited, unlike the unlimited contract, so the larger the issuance of USDe, the higher the market leverage, and the market The more you buy Bitcoin and Ethereum spot, the more the price will rise, similar to the Fed printing money (unlimited) to buy gold (limited), directly stepping on the left foot and spiraling to the sky

In this round of bull market, the future rise of Bitcoin, ETF funds are the first contributor, and the second contributor ENA is indispensable

Of course, ENA will also contribute to the rise of Bitcoin at the beginning of the bear market, but what does it matter? I have already liquidated my position and ran away

ENA is destined to enter the top 20 of the market value rankings. If the market FOMO, it is not impossible to stroll around the top ten. Although the previous article estimated that ENA has a guaranteed 7U per unit, I will not sell it at this price anyway

$MKR The opportunity is here,

BTC slightly adjusted, ETH led the cottage waterfall,,,
Overall, MKR fell 10% in 24 hours, but it has the strongest rebound ability!

At present, there are signs of bottoming out at 1450, and the market is still bullish!
At that time, the current price will ambush long orders to enter the warehouse.
Get on board and pay attention, direct sales will wait for my notification,
#ETH走势分析 #MKR，SNX
Continue to observe during the day: sol, S, mkr, om, kaito
$MKR

If you want to make long-term investments, my suggestion is still the leading strategy, choose two or three for each track, such as:
The public chains are #SOL and AVAX
For DEX, choose #UNI , rune, DYDX
For RWA track, please choose #MKR，SNX ,
For the gamefi track, choose #imx , gala,
AI track selection #TAO , RNDR,
BRC20 track selection ordi, sats, etc.
Large funds should be deployed on mainstream coins as much as possible, and small funds should be dispersed on leading coins in various tracks. Liquid funds can be used to chase market hot spots, play short-term or go against local dogs and memes.