Why is the Bitcoin ecosystem so weak this time?
In fact, I think this is normal. In the last wave of market, that is, the wave at the beginning of the year, the projects of the Bitcoin ecosystem rose a lot.
After a long period of callback and washing, the entire Bitcoin ecosystem is still waiting for the rotation of market hot spots.
The current lack of outbreak does not mean that there will be no outbreak in the future.
I think the narrative of the Bitcoin ecosystem will not be abandoned by the main force.
Just like the chain game track that I have always insisted on before, many senior people say it is a pseudo-narrative and are not optimistic.
But in this wave of market, the performance of chain games is really good, and many hot spots have appeared.
The same is true for the Bitcoin ecosystem represented by STX.
At present, STX is moving up in small steps on the weekly line. The pressure level ahead is around 3. If it breaks through effectively, it will rush to a historical high.