The US election has swept the cryptocurrency circle. Biden, who is not very friendly to the crypto circle, has changed his views for votes, which directly affects the actions of some regulatory departments such as the SEC. For votes, they cannot offend nearly 50 million US crypto investors. Then the Ethereum ETF application will be completely passed, and we may see it soon. Otherwise, the result of this election will become a one-sided situation.

As for other copycat ETFs such as SOL, I think it may be a little slower. Wait until the interest rate is cut before applying or passing, because the goal of SOL this round determines that it will not be too urgent. So I think in recent months, it will be sideways (it is impossible to be too high, and it is difficult to be too low) to digest the gains in the past year. It is not long-lasting and not healthy to rush directly.

The recent trend of MEME is partly affected by the election, Trump-related, PEOPLE has skyrocketed, partly driven by PEPE, and short-term affected by the GME incident and the popularity of SOL chain dog.

Putting all these things together, this round of MEME has been hard for more than two months.

In short, this round of MEME has exceeded the imagination of all old investors. This is related to the rise of retail investors. It has started from BRC20 (BRC20 is also MEME), which can be regarded as a rebellion against the chaos of VC coins.

In the past two days, the popularity has dropped slightly, the old MEME has begun to pull back, and the new MEME is still continuing.

VC coins and memes, one up and one down, one down and one together, everything always goes to the extreme. I remind everyone that if you have laid out at a low position before, there is nothing to say, just buy slowly. If not, it is not recommended to chase high or take advantage of the pullback to buy the bottom, but to make money on meme and then lay out the next sluggish sector.

If you want to know more about the relevant knowledge of the currency circle and first-hand cutting-edge information, pay attention to Tianmeng, Junyangli publishes market analysis every day, and recommends high-quality potential currencies

#5月市场关键事件 #BTC走势分析 #新币挖矿 #EarnFreeCrypto2024 #贝莱德IBIT比特币持有量反超灰度GBTC