$BTC

The cryptocurrency market is ever-changing; some lose their direction in the turbulence, while others seize opportunities hidden in the undercurrents. Today, I will discuss my in-depth analysis of the market trends and macro trends that I've observed recently, packed with valuable insights! Recently, on the 9th, many KOLs were shouting online, 'The market has arrived, and the altcoin season has begun,' creating an atmosphere as if a wealth feast was just around the corner.

With high expectations, I logged into my account only to find that the market was still stuck in a 'stagnant zone.' At that moment, I thought, could these people be the 'radicals' of the contract world, so eager to 'pop the champagne at halftime?' Sure enough, within two days, the market was turned upside down by the situation in Israel, and account assets began to plummet.

In fact, short-term market movements are inherently difficult to predict. Clearing the fog, we can find that the overall upward trend remains solid. From the analysis of K-line trends, there is a possibility that ETH could drop by around 15%, but it could also see a direct surge; a turning point is just around the corner.

My strategy is clear: I will not touch spot trading; if the price drops to around 2100, I will decisively switch currencies and open a 2x long position. Looking at the macro level, stablecoins have become the 'top stream' in the cryptocurrency space. Whether it's the passage of the U.S. Genius Act or the issuance of stablecoin licenses in Hong Kong, both have injected a 'shot in the arm' into the digital currency market, with continuous long-term benefits and a large influx of liquidity expected.

Moreover, the legalization of stablecoins will most benefit ETH, as the vast majority of stablecoins will choose to issue on the Ethereum chain. With on-chain transactions becoming increasingly frequent, the demand for ETH will naturally rise, leading to growth in price, holdings, and staking demand.

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