February 1, 2025

January has passed in a blink of an eye. I still remember that more than a month ago, I said that it might take a long time for this wave of market to start again, 3-6 months. Many people didn't believe it and thought it was too long. But from the current situation, the probability of a big bull market in the first quarter is very low. We can only hope that the second quarter will usher in a more fomo bull market.

However, this wave of consolidation market, for Bitcoin and several mainstream coins, the decline is still very small, including Ethereum, which is actually only a few dozen points. BNB and SOL can be classified into the same category as Bitcoin. It can also be seen that the mainstream funds in the market are more recognized for the next market.

Yesterday, Ethereum surged in a short period of time, mainly due to Blackstone's purchase of ETH. I think this situation will happen again. For a company that needs value reserves, Bitcoin is definitely the first choice, and for a company that hopes to get more investment returns in the encryption field, Ethereum will become the second choice. This round of Ethereum's weakness is completely dependent on DeFi, and the players on the chain have all gone to Solana. The next step still depends on whether there are new ways to play.

In terms of the market, it is the Spring Festival market anyway, including the chain is relatively quiet, but the Trump explosion before the New Year will definitely attract more people and funds. Take a good rest these days. I think there will still be local hot spots after the Spring Festival, and then the market will be triggered by a hot spot. Now the more it falls, the more you buy, hold the chips firmly, and the proportion of copycats should not be too high.

Thank you for your attention and likes. I wish you all peace and prosperity in all seasons.