#美国GDP数据即将公布
What will be the catalyst for this round of ETH?
Or will it still be weak overall, just relying on rotation, with a last-minute surge?
Currently, the probability of providing a dual function like SOL is low, as SOL has a significant advantage in this area.
I haven't really seen the kind of DeFi boom we saw in 2021.
It seems the most likely scenario is still the expectations and realization of a stakable ETF, which should be a relatively reliable narrative until the SOL ETF is approved.
If institutional recognition can reach the level of BTC, or even half of it, that would be the biggest positive for the fundamentals.
Correcting a common experience and viewpoint
Many experiences from the last bull market are no longer applicable in this round.
Looking at the market, there are still many coins rising against the trend, but most of the current gains are from coins that were previously weak. Many people think these coins are more resilient to declines and quickly switch their holdings to these coins, believing that coins which can withstand the downward trend will have capital support, and once the market stabilizes, they will surge. This experience worked in the last bull market, but in this bull market, if you operate this way, when the market stabilizes, these coins will correct, while those that have fallen the most will rebound the hardest.
The current market is a typical bull market correction, with continuous rotation. Whenever SOL, meme, and BTC resume their upward trend, that will mark the beginning of the next trend.
The altcoin bull is about to arrive,
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