core trend analysis

To analyze core, you need to first understand the trend of Big Pie. Some people will say, I have seen that Big Pie is falling many times, while core is rising continuously.

First of all, market funds are limited, and the rapid rise of the market will inevitably suck the blood of altcoins. After a round of daily limit, the leading and mainstream coins of each track will start to follow suit. In the end, it will be the rising period of small coins, which can also be said to be a period of growth. It is the turn of small currencies at the end of the bull market.

Next, let’s take a look at whether the market peaked at 38,000 twice and then quickly fell back and consolidated. Then whether it will rise to 4w again or slowly pull back, this requires your own subjective analysis.

If the pie breaks through and stands firm at the 4w mark, copycats will inevitably become enthusiastic again, and core's short-term sentiment will also be high. It is only a matter of time before it breaks through the previous high of 0.67.

If the market continues to decline, the core will return to 0.3 very quickly, but before the decline there will be a round of increases and then a slow decline. The high is expected to be around 0.6.

I personally prefer that the big market will go through a long-term correction next, which is expected to take about 40-60 days. The probability of a surge is low, but in this market, we are doing a multi-person random game, and the uncertainty is too high. It is difficult to make a precise analysis, so the above does not constitute investment advice.