【Today's analysis: Why is the decline so sharp? What should we do? 】
This morning, many people found that the halving market suddenly came ahead of schedule. It was just that the assets were halved, not the BTC halving.
The big cake fell by 5%, and the copycat fell by more than 20%, or even more.
There are three main reasons for such a decline:
1. Market reasons: BTC's rise was too sharp, the positive sentiment brought by the halving subsided, and investors began to worry about profit-taking.
2. The Federal Reserve: Economic data showed that inflation was prominent, and the market expected the Federal Reserve to cut interest rates in July or September, otherwise insufficient capital inflows would affect the rise of the cryptocurrency market.
3. War factors: The situation in the Middle East was tense, the United States sent warships to alert, Iran threatened to attack Israel, and Hezbollah launched rocket attacks. At this time, the cryptocurrency market was weak, gold and silver prices rose, and BTC may become digital gold. It takes time for a real war to break out.
In summary, this led to the current situation. What should we do in the face of the current market?
Although the decline in the market is multifaceted, our operation has only one trick: bottom-fishing or not bottom-fishing.
Halving is a well-known event, so everyone is very optimistic that the market can still rise back. Therefore, before the rise, any decline will be our opportunity to buy the bottom, but when can we buy the bottom to get the most cost-effective point?
At present, it is far from a chance to buy the bottom, because whether it rises or falls, the time is not right. If it falls sharply to 60,000, you can consider buying the bottom.
Regarding the altcoin:
XAI's trend can be paid attention to in the near future.
As a project of Binance Launchpool, XAI has been very stable since its launch, and has always been above 1U. However, due to the decline of the market yesterday, XAI has also reached a minimum of 0.6 and is currently stable at around 0.7.
However, on the 11th, XAI announced the opening of its V2 staking.
During the V1 staking period of XAI, according to data: a total of 46,768,927esXAI was pledged.
Compared with V1, V2 has created many new ways to play in terms of staking:
1. Sentry Keys are introduced. Without Sentry Keys, you cannot participate in staking and a series of other operations;
2. Allow third parties to create staking pools;
3. Allow direct staking of XAI;
4. Increased cooling time
From the perspective of the changes in V2 staking, the impact of this V2 version of staking on XAI tokens is huge, because this period of staking allows direct staking of XAI tokens, which means that at least in terms of token usage, it provides XAI with a new way to make money with tokens. Users who are optimistic about the value of XAI and users who hold a large amount of XAI no longer just make profits by trading tokens, but can obtain income through staking.
And this period allows third parties to create staking pools, which makes staking more interesting. Once the XAI ecological projects are combined with V2 staking, they can do: staking to obtain project token airdrops and other project activities, which will not only attract most users to the project itself, but also provide more profit expectations for the pledgers.
From the perspective of the market, the current decline of XAI may be a very good bargain hunting target, because after V2 staking is turned on, the circulation of tokens is locked, the selling pressure is reduced, and the subsequent price breakthrough of new highs should not be a big problem, and 3-5U is seen in the long run.
#Xai质押 $XAI #比特币减半