In sports competitions and singing competitions, what is most easily remembered is the first place and the second place competing with it; after the third place, it becomes unknown and no one remembers it.
The ETF review is coming soon, so I wrote this article quickly to warn of the risks.
If the BTC spot ETF can pass, Inscription Dragon 1 to Dragon 101 will definitely have a big rise. Even if there is a big correction, it will still be a big rise. They are the new stars and the protagonists of the new narrative of this bull market.
If the ETF fails and the bull market is postponed, and the ETF has to wait until 2025 to re-apply for rejuvenation, this one-year waiting time may cause many inscriptions to be gradually forgotten. A year later, everyone will only remember each chain: Dragon 1, Dragon 2, Dragon 3 barely, Dragon 4 died, just like the NFT in 2021.
But ETF failed, but there is still a turnaround
This requires more consensus from everyone:
If the ETF does not pass in 2024, a major correction is inevitable. Upgrading in Cancun is a family matter, and we can only rely on the BTC halving in April to keep the inscription warm.
In April, the BTC halving was implemented, and the challenge of Inscription after Dragon 4 officially began. The key point will be around June. Whether the Federal Reserve will start to release water, and whether the 2025 ETF will restart the popularity, it must not be delayed for too long. Small Inscription will be cold by the end of the year or even If it returns to 0, it may have been abandoned by the team even if it recovers. If the heat picks up again in June, the inscriptions can be reheated and extended to 2025, but by then there will also be new inscriptions to replace the old ones, especially new inscriptions for ecological applications and small inscriptions.
The popularity of inscriptions in June still needs to be promoted by everyone, and if there is an ecological aspect, it needs to be publicized.
If the popularity is not enough, Long 1 and 2 have high exposure rates, and everyone will still remember that inscriptions with large applications can still be tried, while other ones that only have meme capabilities, even if they only pay the inscription fee, are still extremely risky.
While enjoying the popularity of inscriptions, you need to remind yourself from time to time of the lessons of the NFT era. For those who have never experienced NFT, this article can serve as a warning.
As an ant hoarding inscription coins, of course I do, and I hope the ETF goes well.
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