June 9, 2025
The Binance Alpha has become quite difficult to obtain; every day it's a lottery, and the scores are gradually increasing. It is possible that the thresholds may lower a bit later, but overall, because many studios have already added accounts, the opportunities for retail investors are quite limited. This indirectly indicates that there are not many opportunities to make money in the cryptocurrency market right now; with such a small reward, so many people are getting involved, and the new incoming funds are mainly risk-averse types. Therefore, the proportion that translates into buying pressure will be very low.
Recently, the market has been relatively calm, even though the Bitcoin price is still at 100,000, it can no longer stimulate retail investors' nerves; market sentiment still needs Ethereum and altcoins to drive it. However, the news from the U.S. stock market has been mostly positive; previous volatility has been digested, with the Nasdaq returning to 19,500 points, forming a V-shaped recovery. With this assurance, I believe there is not much to worry about.
Of course, it is hard to say when the market will start moving; the recent rise was driven by Ethereum, but the strength of Ethereum's rally is not very certain because there is no clear hot topic or sector that has exploded. As it stands, Binance Alpha has reached this level without truly driving the prosperity of the BSC chain. The anticipated artificial market may fall short, and there are currently no applications or sectors with explosive potential, which is indeed a bit frustrating.
However, from another perspective, allocating Ethereum or mainstream coins, aside from hoping for an application explosion, also serves the purpose of combating inflation in the long term. Currently, the dollar still has a high interest rate of around 5%, while consumer spending here is stagnant, and hidden inflation must be guarded against. In light of this situation, asset allocation is essential. If you do not want to choose Bitcoin, then I think Ethereum is also a good option.
Thank you for your attention and likes.