Liang Xi has a new view on the future market, please refer to it.
1. Analyze the market:
1. The price of Bitcoin is about to enter the key support range of 55,000-57,000. The current price is a price worth buying for long-term holders, which can be seen from the continuous outflow of Bitcoin from the exchange in the past 7 days. However, the short-term price slump is mainly due to the lack of native benefits and the overall low trading sentiment.
2. Ethereum has faced increasing criticism in the past week, and it has criticized those who have gone in the wrong direction and focused on applications, and those who have criticized the L2 route, etc., which has caused its price to be more sluggish relative to Bitcoin. However, Ethereum is still the public chain with the most developers and ecosystems in the blockchain. I believe that if innovation explodes in the future, it will have a place, and the value will return at that time.
3. The performance of other altcoins is even worse. Bitcoin's market share has reached a new high since April 2021, 57.42%. It is difficult for altcoins to run out during the period of poor liquidity. A comprehensive altcoin season may have to wait for the overflow of liquidity or Bitcoin to break through to a new high.
2. Thoughts on altcoins:
From the perspective of new investors (meaning new liquidity):
1. No old coins will be bought except ETH BTC BNB SOL.
2. For newly listed tokens in 2023-2024, choose those with high circulation and can get in touch with the macro main line.
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