➤ The "Bustle" and "Helplessness" Under Sideways Fluctuations
Although the cryptocurrency market experienced a slight rebound over the weekend, the momentum was limited, with an overall increase of only about 3%, still within the sideways fluctuation range. BTC rose to 85,000, ETH hovered around 2,000, and SOL approached 135 USD.
On the BNB chain, projects like QUQ and BUBB are gaining popularity. Binance's voting for listing activities is also quite lively, with leading ecological products and various meme projects on the BNB chain, banana and siren currently ranking high, and may be listed soon. There are also reports of community members sending small red envelopes of ten or a few dollars to pull votes, reflecting some element of indirect bribery, but also showing everyone's enthusiasm for participation.
Binance's voting for listing activities is also quite interesting, with Ethereum being the most vocally supported "listing" target in the community, illustrating how much Ethereum is struggling. Buying Ethereum at a cost of around 11,600 in 2023, while Bitcoin has risen more than 3 times, 4 times, Ethereum has only seen a slight increase, making this market condition truly torturous for "diamond hands".
Aside from Bitcoin, most other assets are in a "being cut" state. In this round of market conditions, only "paper hands" can profit by chance, while the "diamond hands" are losing heart amidst their steadfastness, especially with altcoins, whether mainstream DeFi or mainstream meme, holding long-term is basically hard to escape being "cut like leeks" $BTC
