After the spike, an analysis of the future market trend.
Firstly, it was inevitable to welcome this spike as expected. There is too much leverage, and the gains are too substantial to ignore.
The liquidation of 2 billion dollars can be imagined as the loss of funds accumulated by many during the bull market.
However, the emergence of higher gains from despair is the main theme of the bull market.
In the future, I predict.
1 BTC will continue to reach new highs, followed by music and dance, but the volatility will not be too large.
2 Ethereum has a chance to break through its previous high of 4000, as it has shed many burdens, bringing hope.
3 The rotation of altcoins is likely to see greater volatility, but it will only be concentrated in a few hot spots.
4 MEME remains the main melody of this bull market, and there is nothing that can compete with it.
I recommend a very promising coin.
APE
Reasons for optimism: NFTs have risen, and it is still at the very bottom. The leading coin in NFTs remains this one.