Follow me and I will help you understand the trends and play with spot goods.

Hello everyone, I am Wenjiu. I have been sharing and answering questions for free for a long time. There is no charge and no registration required. Welcome to follow me.

If you like reading my articles, you can give some suggestions or support in the comment section.

Today is May 28, 2023. Bitcoin and Bitcoin rebounded as expected. The Nasdaq futures index rebounded and broke the previous high two days ago. I used these data to remind the community in advance that the US debt crisis is likely to be over. This is also what I have always emphasized, looking for answers from the disk data, which will not lag behind. Many news have not been announced yet, and insiders can get answers in advance. This morning, it was announced that the US debt ceiling agreement was reached.

Yesterday I posted a poll on a certain platform about whether the price would plummet. More than 60 percent of retail investors in the market chose that the price would plummet. This surprised me. I observed the public sentiment and moved in the opposite direction.

What opportunities does Ethereum have for upgrading in Cancun in the second half of the year?

What is the Cancun Upgrade?

The Cancun upgrade is an additional upgrade to Ethereum after the Ethereum Shanghai upgrade. Its purpose is to reduce the cost of the L2 layer while increasing the speed of the L2 layer. This upgrade will also stimulate the outbreak of the L2 ecosystem.

First of all, the leaders of L2, arb and op, will definitely be the biggest beneficiaries, as they both have the most users in the L2 layer.

Secondly, the leading applications at the L2 layer will also benefit. You can find out which ones they are.

Currently, the development of Ethereum is getting better and better. In the next bull market, the growth of Ethereum will most likely exceed that of Bitcoin, so it is recommended to hold some no matter what.

I reminded the community in early May that there is a high probability that the market will enter a trend of continuous shock and accumulation of funds. May was similar to expectations. As long as Bitcoin does not fall below 25,000, there will be no panic selling. I personally think that it is highly likely that it will not fall further, and it is possible to build a position at the current price. Many people think that they did not buy Bitcoin when it was more than 10,000, and it is not cost-effective or psychologically uncomfortable to buy it now when it is more than 20,000. In fact, this kind of thinking is due to human nature. Doing finance is to overcome human nature, and human nature is used by the main players in this market, just like you did not buy Bitcoin at 3,000 or 4,000 in the last bull market, and you still did not buy it when it rose to 8,000 or 10,000. The final result is that you missed the entire bull market.

Today’s sharing is for reference only. In the financial market, you must learn to judge what insiders are doing, don’t be influenced by market news and emotions, learn to dance with the market makers, and use insider thinking to make money from outsiders.

Follow me and I will help you understand the trends, grasp the trends, and achieve long-term stable profits!

I hope the content is helpful to you, and you are welcome to share it with your friends.