📅 Today's market observation (January 4, 25):
Market trading volume has stabilized, and the emotional heat brought by the rise in the previous two days has cooled down.
The European and American markets have passed the holiday lull period, and the mood is gradually recovering.
The fundamentals of the January cottage market are not yet mature. It is recommended to maintain positions and wait for the opportunity to take off.
📊 Today's data supplement:
Coinbase Premium Index: Measuring the demand for BTC from US investors, it recently fell to a two-year low of -0.23%, but is rebounding rapidly, indicating that institutional demand is growing, bringing good news to the market.
🚀 On-chain AI hot spot analysis:
Recently, many big KOLs have been promoting on-chain AI projects, but Uncle Miao has sold all the principal and the profits are gradually withdrawn to avoid becoming a receiver.
Uncle Miao obtained 8 times the profit through ai16z in the AI small market. Although the position is not large, he successfully captured the hot spots and will continue to find and share new hot spots in the future.
💡 Market Q&A:
Q: Is the bull market over?
Answer: No. As a veteran who has experienced two rounds of bull markets, I think market sentiment is far from reaching the frenzy stage. Even in the market in November 24, the total trading volume failed to surpass that in March 24. The bull market ended when retail investors were not enthusiastic, which is not in line with market logic. Wait patiently, retail investor enthusiasm is the real signal of the end of the bull market.
At present, the market value of Ethereum Musk 𝑝𝑢𝑝𝑝𝑖𝑒𝑠 (tail number 6eb2) is 600, holding 16,000 coins, which is worth ambush!
