
Big G's view: After 1000 SATS - Can the inscription track stir up another frenzy?
Brothers, the recent rollercoaster of 1000 SATS has really accelerated my heartbeat! It peaked at 0.00008 in May and dropped to 0.0000438 at the lowest, now stuck around 0.00005 in consolidation. As an old investor, let me share my personal opinions without further ado, let’s get straight to the point!
In the short term, watch the sentiment and be wary of whale dumping
Don't be fooled by the current price stabilizing at 0.00005; on-chain data shows that the whales have already made a fortune. Previously, someone dumped 65 trillion SATS, cashing out 36 million USD. This level of selling pressure could reappear at any time. However, after Binance went live, the buying funds were fierce, and if it can hold the support level of 0.000045 in the short term, a rebound to 0.00007 is not impossible.
The inscription track life-and-death game, the Bitcoin ecosystem is key
SATS is inherently adorned with a meme aura paying tribute to Satoshi Nakamoto, and it is also a leading token in BRC-20, with a solid narrative. But here’s the problem - the inscription track currently relies entirely on slogans, with actual applications not keeping up. If the Bitcoin ecosystem explodes in the second half of the year (for example, an upgrade in Ordinals technology), SATS may ride the wave and pull up again. Conversely, once the market turns bearish, it could break below 0.00003.
Long-term ambush? First, look at the dealer's layout
Currently, SATS chips are scattered, and the top ten holdings are all retail investors and early Mint players, with little trace of dealers. This type of market can rise quickly but can also drop harder. However, in the long run, if the project can bind with the Bitcoin ecosystem to create some actual applications (like payment or NFTs), combined with the halving cycle, reaching 0.0005 in 2026 is not a dream.
Personal operation:
I am currently holding 50% of my position, and if it drops below 0.000045, I will decisively cut losses; if it breaks through 0.00006, I will increase my position to seek new highs. Remember - inscriptions are about faith, but wallets are about survival! $1000SATS #山寨季何时到来?
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