A simple review of today's market

1: BTC's market share begins to decline, indicating that some liquidity is starting to enter altcoins, and Bitcoin is starting to weaken. It fell below 95700 yesterday, marking its first adjustment. As long as it doesn't stabilize at this level, a short-term bearish trend is expected, with support at 92800 and 90900 below.

2: ETH's performance is strong, quickly rebounding alongside Bitcoin's price spikes. In a bull market, significant drops can happen quickly, and the V-shaped recovery occurs fast. In the short term, prioritize allocating to Ethereum-related tokens, with strong support at 3365, 3334, and defending at 3300.

3: Last year's Maldives

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had two sponsors, sei and sui, both of which have performed well this round. Projects sponsored by the Japanese training camp, edu, apt, ygg, and iota, should be noted.

4: Top trader Eugene: has taken profits on long positions and advises to remain cautious; leveraged long positions can consider gradually taking profits.

5: FLOKI: The Valhalla mainnet launch has been postponed to the first quarter of 2025. March is the season for altcoins, and many project teams are taking advantage of this time to hype good news.

6: Wintermute's market-making has 64% of the tokens in the TOP 25 Memecoin holdings already listed on Binance. NEIRO's holding ratio has surged to 13.57%, making it the token with the highest holding proportion. In the medium to long term, it should perform well.

7: DeSci in 2024 is like DeFi in 2019. Pay more attention to this sector.