Recently, the market has been overshadowed by panic emotions. How will the market develop in the future?

On-chain holding structure: The proportion of long-term holders (LTH) has risen to 68%, hitting a new high since 2023;

Derivatives market: Funding rates have returned to neutral from -0.05%, and short positions have decreased by 47% from their peak;

Historical patterns: After ETH plummeted by 85% in 2018, it achieved a tenfold increase in 14 months; after a halving in 2022, it rebounded by 150% within 6 months.

💥 In fact, the ones who really make money in the crypto space are those who have time differences and information gaps, these two major treasures. It really comes down to analysis and technology, being aligned with the market and the circle, and that’s where the opportunity lies.