The ETH/BTC exchange rate pair has bottomed out and the copycats are gradually waking up. If you want stability, you can wait until the interest rate hike is implemented. #BTC#ETH
The events from luna to ftx all tell us the truth: in the currency circle, it is better to trust others than to trust others. USDC's current limited returns correspond to unlimited risks, which is really not worth it. #usdc
In the current market situation, if $btc goes up and breaks through the resistance level, it will suck the blood of the copycats, and if it falls, it will collapse the copycats. The hype of copycats is basically coming to an end. If you want to do exchange rate matching, you can go long BTC and short some weak copycats.
The pace of the currency circle is a bit fast these days, and the AI currency is ebbing rapidly. LSD just finished trading two days ago, and the trend immediately switched to the ZK series. Moreover, LSD and ZK formed a situation of waxing and waning, making the operation very difficult. At present, I personally feel that all the hot spots have basically rotated once. It depends on whether the ZK series can produce a stronger leader to drive a new wave of market conditions. At present, the probability of $mina becoming the boss is quite high. #AI #lsd #zkSync
Let’s take a look at some Doomsday Chariot concept coins. First, there are the domestic three bears $neo $ont $qtum, which are currently garbage projects that no one cares about and even the team does not know where they are. They have long been eliminated by the evolution of the currency circle. Then there is the most well-known $eos, which is actually the same as the above. There is not much difference between the three. Tracing back to the origin, it is also a Chinese dish, but as a former Tiande level project, it is necessary to list it separately.
There are also many domestic coins. Here are two coins that are actually not that bad, but the team really does nothing. There are many similar coins. You can review the K-line. 1. The reason for $link has been written in the previous article. I would like to add that the link plate is currently penetrated a lot by Chinese people. I know some of it personally, so I won’t go into details. 2. $flow is a typical representative of the team’s inaction, and the project side has not done anything. Don't care about currency price
The law of doomsday chariot comes true again. The chariot of doom means that once certain currencies start to pull up, the market will collapse. Many of these coins are domestic coins, and there is no opportunity for speculation. We can only wait for the rotation of the sectors to complete, and then funds come in to pull in and run away. At this time, it often indicates that the hype of the entire market has come to an end and a collapse is imminent. This rule has been proven repeatedly and deserves attention.
As for $link , it has long lost its kingly demeanor and is now classified as the Doomsday Tank series in my classification. The rise in 2020 caused the project team to run out of chips, so that the bull market performance in 2021 was also very poor. Nowadays, we basically rely on staggered time periods to increase prices to attract takeovers. Zhou K has already explained its weakness. There is no need to waste time on this currency.
In addition, let me talk about my thoughts on the FUD news this morning. Many people use this to explain the weak performance of #ETH in the past month. I think that although #ETH is not strong at the moment, compared with the trend of 2.0, it is going quite healthy now. Next, whether it is a short-term downward pin and then rising or a period of sideways and then rising, the end result will be an increase. I think the market is far from over.