Bitcoin is currently on the upper edge of a short-term volatile market, with the real resistance above at the 100,000 USD mark. If this mark is effectively broken, it will continue to rise, otherwise it will continue to maintain a volatile adjustment trend.
At the cottage level, many high-quality cottages have hit bottom and are starting to rebound. Everyone should pay more attention to this. It is estimated that it will be difficult to encounter a general rise in cottage prices in the future. Therefore, when choosing cottages, you must choose some high-quality leaders as your trading targets.
There has been no market on the chain in the past few days. Sol has almost halved from its historical high of $295 to the current $172 in just one month, and there is no sign of stopping the decline. With the massive collapse of memes on the Sol chain and the large amount of Sol that will be unlocked in March, Sol is becoming more and more dangerous. I don’t know if those who got the gold in Sol have cashed in. If they don’t run in time, they will lose it all.
Sol, which was once so popular, now has so many risks. It is really not easy to make money in the recent market. The dream of getting rich on the chain has been shattered. The meme coin market has come to an end, and Sol's mission has also been completed. Sol rose because of meme coins, and it also died because of meme coins.
Judging from the on-chain data, there are a lot of Sol buy orders in the wallets of big investors. If this unlocking really breaks through the trend line, it will be a good opportunity to get on Sol.
Solana is losing money every quarter. In the first half of this year, it lost $1.8 billion, and the loss is accelerating. Dydx's annual financial report shows a profit of hundreds of millions of dollars. The comparison between the two is really a world of difference. Facts have proved that the price of the currency has nothing to do with the profitability of the project.
Currently, the Ethereum chain is undergoing positive changes. Since the Cancun upgrade in March 2024, transaction fees have been reduced by 95%, making it possible for various applications to return to Ethereum. Data shows that the transaction volume of the Ethereum chain has increased rapidly during this period. In addition, many artificial intelligence sectors are developed on the Ethereum chain rather than the Solana chain.
In any case, the general rise of altcoins will come after the big rise of Ethereum, and it will also be the last wave of the bull market. Therefore, whether in the first quarter of 2025 or the second quarter of 2025, don't expect a general rise of altcoins. Altcoins will only rise when the mood swings to "extreme greed" and will not make a V-shaped reversal in the mood of fear. Even when the market U-shaped reversal, it continued to suck blood for several months. Until the last few weeks, it skyrocketed several times to reach the top and entered a bear market.