This wave this morning has leaked many people again. Tomorrow is the once-in-four-years Bitcoin production cut. I believe everyone has had a hard time recently. As I said before, continue to hold the spot. The production will be cut on Saturday, and the liquidity will slowly return on Monday night next week.
Many people still don’t know what liquidity withdrawal means. They always think that it shouldn’t fall so much. The actual situation now is that large and small market makers have withdrawn liquidity funds for risk aversion, either pledging or exchanging them for stablecoins for risk aversion, resulting in not so much funds to support the market. Let me give you an example to understand. In the past, 500 big cakes could bring down the market by 1,000 points, but now 50 big cakes can do it.
So these three-day contracts are extremely dangerous. Don’t think about making a short-term profit and running away.
You can pay attention to runes these days. The founder of ordi will update and launch the rune system on April 20. There is no need to fight for rune 0 for the time being, but those who are capable of rune 1 must fight for it, because rune 0 has no casting limit but only a time limit, which means it will be finished in 4 years, so whoever can fight rune 1 will definitely make a profit.
You should still remember last year's gas war, the highest roll reached 200u per transaction, and tomorrow's rune war is expected to exceed 400u per transaction, so everyone must prepare enough gas, otherwise you really can't roll them, and if you can't roll, you will be buried even if you fight. The traverser has personally experienced being buried, so those who are ready to fight should take advantage of today's low gas to get BTC on the chain and be ready, don't wait until tomorrow to be buried in a hurry.
