Refer to the sector rotation in the previous bull market:
In mid-December 2018, ETH, BTC, and BNB hit bottom one after another.
By the middle of 2019, ETH and BTC had increased by 4 times, and BNB by 8 times:
Then it fell to the end of 2019, ETH and BTC were still 1-2 times of the bottom, and BNB was 4 times;
In March 2020, 312 is here. ETH and BTC are still within 1x of the bottom.
In April and May 2020, Bitcoin and Ethereum rebounded rapidly, and some small coins in DeFi have begun to stir.
In May and June, the hot topic of DeFi began to form a discussion. Most funds did not pay enough attention to DeFi at that time, and their mentality had not come out of the bear market.
These are the products of Uni and Balancer that have already been released.
When Compound issued its coin in June, the price soared all the way, opening high and closing low.
The successive popularity of YFI and YFII in July also began to attract domestic big players to enter the market.
Cream issued its coin in early August, and the price rose rapidly at the beginning.
Around August, Binance Smart Chain also came on the scene, creating a wealth effect for several DETI projects.
Yam and Crv will issue tokens in mid-August. Various mining methods are available. Chainlink is twice as expensive.
•The increase of dozens of times in one year can be explained by the manipulation of products, rather than the DeFi craze.
Suishi issued a coin at the end of August, and Uni issued a coin in September, and the market entered a climax. Everyone realized that the bull market of DeFi has arrived.
Then in September and October, Defi seemed to be in a sharp correction. It rebounded in November. By December, many knowledgeable people had realized that Defi was still Defi. That is, Defi was not a short-term capital pool, but something with a certain value retained in the long term.
From October to December, Bitcoin rose alone, sucking blood, from $10,000 to $40,000, completing the main increase. This year's rush to $60,000 is mainly due to Musk. (It recently fell back to $40,000, completing the de-Masquerade
Gram-gram transformation
After December, SNX, Uni, Aave, and Comp reached their peak one after another, while YFI, an asset management product that could not be monopolized, gradually fell behind.
From December to February 21, ETH replenishment tripled;
At the end of January 21, Heco began to gain momentum, and the first two Defi projects began to make money, attracting a lot of funds.
In February 2021, NFT began to rise, and Muse achieved hundreds of times of increase.
In February and March of 2021, the exchange public chain exploded, and platform coins and exchange public chain DeFi led the rise crazily, especially BNB, which brought a huge wealth effect. Other platform coins HT and MX also had good growth.
After Coinbase went public, the platform currency came to an end.
During the Spring Festival, the rotation of sub-sectors such as Defh, NFT, Lending, and Dex has been changing every 48 hours, like a turbulent stream. Its momentum has overwhelmed Deft.
The speculation on Ethereum's second-layer network began in April, with Ethereum leading the rise, and the horse's hoof completed the 100-fold myth.
At the end of April and the beginning of May, speculation on junk, low-priced coins and animal coins began to explode, and the market went crazy to the extreme.
After the outbreak of Animal Coin, there was a rare round of plunge, completing a medium-sized bear market decline in just one week, exchanging space for time, and the market completed the cleansing of the first half of the bull market.
On May 19, the market experienced a sharp drop
In July, ETH and BTC pulled back.
In November, ETH and BTC reached new highs, and then entered a bear market.
From November to October 2022, a number of copycat stocks suffered severe losses.
As long as the NFT blue chip market continues until April 22.
In June 22, ETH bottomed out at 880 and then rebounded.
During the ETH rebound period, only a few altcoins rose several times, while most of them remained flat.
