After 1011, the market is gradually recovering, especially after the easing of the China-US situation, altcoins have started to surge significantly. Going forward, pay attention to strong altcoins, and follow the market's focus, otherwise it will be difficult to make money;
Bitcoin and Ethereum are both continuing to recover. As long as the overall market can stabilize and stop falling, altcoins will have a great opportunity to continue soaring. It is important to remember that such sharp declines will not change the trend, so every sharp drop is an opportunity to pick up money;
I still have a positive outlook for the market in the next two months. I believe there will be many opportunities, and I also do not think there will be an absolute bear market in the future, so everyone should be full of confidence. As long as you do not use leverage or play contracts, there will definitely be opportunities;
Here are today's market highlights:
1. Grayscale submitted SEC Form 10 for TAO trust, shortening the private placement holding period to 6 months;
2. Four.meme: Recently faced an on-chain pollution attack, all new token issuances require a deposit of 0.01 BNB as collateral;
3. BNB, ZEC, SNX, DASH, TAO, etc., are all showing strong trends, either close to a decline or at ATH. In the future, continue to pay attention to FROM, FF, XPL, ASTER, etc. These are recent hot spots, and looking at the longer cycle, they all have fundamentals;
4. The on-chain activities in the past two days revolve around #BSC. Although the market has just experienced growing pains, the on-chain rush has not been affected at all in the past few days. 4, Binance Life, giggle, Hakimi, etc., have all seen significant surges, with Hakimi being community-driven, reaching a peak fund of 100M in market value;
5. Chinese animal coins are gradually becoming popular, with Nai Long, Lu Lu, Long, etc., being quite popular. In the coming period, I believe we can pay special attention to the bsc chain, especially the Chinese-related memes, as the market's focus is here, and foreigners are even more crazy, trying to find ways to mix into WeChat groups; #加密市场反弹 #加密市场观察