Today's market is still not good.
Although the performance in the morning was stronger than yesterday, it began to weaken again in the afternoon. The trading volume was slightly better than yesterday. Overall, I feel that it is still unstable. The main reason is that there are no sustained hot spots and the liquidity is too dispersed. BRC20 will make a wave. , a wave of local dogs will basically be wiped out in the short term, and it will take time to repair. This is why so-called value coins such as ETH and UNI have not been strong. In addition, large investors have reduced their positions and so on. It seems that , friends who are caught in the spot market still have to endure. In this wave of market conditions, my operation is not good. Blur and ARB are making money but they are trapped instead. However, I have confidence in them, especially ARB, plus The position isn't heavy either, so just throw it away and it shouldn't be a big problem.
Next, it will be difficult to make money. I think it is probably concentrated in two areas. The first is the "local dog". Yesterday, Musk tweeted a small picture of Milady NFT, which caused the Meme coin LADYS to skyrocket 30 times.
Looking at the position data, there are 42 suspicious addresses holding 205 trillion LADYS, accounting for 23% of the total supply. In addition, there are also a group of pepe addresses that bought LADYS. I really admire their combat effectiveness and sense of smell, and I suspect Musk built a position in advance, and ran when the price went up. If he couldn't get the jump on him right away, it would be better for Ordinary Leek to participate less, let alone chase the price up. There is a sentence that I deeply feel: whether it is Dogecoin or SHIB, they are just individual projects left behind after the big wave washed away the sand. The consensus of the encryption community has become their price support. And the vast majority of "local dogs" end up dead and running away. After the popularity fades, only a "package" is left, which contains not the wealth code, but the blood and tears of countless investors.
Therefore, if you want to rush, you must be prepared to go back to zero. You must participate with small money and use your spare money to earn excess returns. The strategy will be more secure. Remember that this time it is all about stud. Most people have the ideal of getting rich overnight. But 99.99999% of people will not get rich suddenly.
In addition, the BRC20 that had been on fire two days ago also showed signs of cooling down. Today’s gas fee dropped from more than 500 the day before to more than 40, and the popularity suddenly dropped by 10 times.
The growth and development of this sector is also a gradual process, and there is no reason to keep rushing forward. This wave of fire has brought heat to ORDI and UNISAT. It is said that the project team is in Shenzhen. In the past two days, the threshold has been stepped on by various investors, including many exchanges who want to acquire it.
I guess its most likely next step is to issue tokens, but it won’t be so fast until the project team has properly planned it and the architecture is not ready.
So everyone can be careful when the time comes. When the gas fee is low, do more interactions. Maybe you can get a lot of airdrops. This is also an investment.
Next, let’s talk about the BTC ecology. I think BTC-NFT deserves everyone’s attention. The day before yesterday, Binance announced that it is in intensive development and should support BTC-NFT transactions in May. In fact, before Binance, OKX was the first to take action. In addition, it is said that OPENSEA is also testing related products internally. Even BCH, which has been half-dead, started to cheat in the past two days. This shows that building and developing the BTC ecosystem is already the responsibility of all parties. There is a high degree of consensus, and the direction the big guys focus on is the direction of money.
Everyone should focus on tracking and paying attention to this area, and there is a high probability that you can find gold.
Of course, there are many people who are not optimistic about the development of the BTC ecosystem. I saw an article today. The main point is that BRC20 has been over-hyped because it lacks the core principles that form the cornerstone of the blockchain:
Lack of true decentralization, lack of scalability, and lack of low-cost transactions.
It is indeed true. This is also the reason why BRC20 may plummet when the market calms down. However, I think the core logic and profit motivation of BRC20 development are fine. Controversy is a good thing. I have also said before that the factors that caused the pandemic Among the key factors, consensus is only the first step, and "controversy" is often the main fuel. When there are problems, people need to solve them. Whoever can solve them better is more valuable. What do you think?
What do you think about BRC20? You are welcome to leave a message in the comment area for discussion.
