Is this the right time for RWA? Although the strong increase in OnDo Tru and HiFi is thanks to the payment trend (specifically $XRP), the bull run is already at its peak. - Looking at the overall structure, the trend always comes first, followed by volume, but during the price range of 9x-100, there is still a lot of hesitation. Take a look at the order opening ratio chart below. And the special thing about this period is that the small structure is always wrong because the volume is very large. Based on the large structure, it is still increasing, but the important factor of trend alignment is hard to achieve when the quality of blockchain is still too ambiguous with low transaction processing speed, small applicability, and excessive energy consumption (more than 10 kWh), equivalent to the average energy consumption of a residential household in a year. Opening order chart - Of course, if the bull run does not happen, the ongoing trend will definitely be AI, GameFi, NFT. But still, we are waiting for the final results from Trump. It is uncertain that everything will go too smoothly, but we still hope so. - Currently, the moves of the funds and big players are still accumulating, but in the market, there are always bigger players. The likelihood of a pullback to accumulate is very high. For example, the U.S. is holding at least 5% of the total BTC. (Source: https://stockbiz.vn/tin-tuc/cac-quy-bitcoin-etf-hien-nam-giu-1-trieu-btc-chiem-5-tong-nguon-cung/25717933) - The moves from China and Russia are still too small, although most of the mining resources are located here.