Within 7 days, there will be big market trends, are you ready?

In the next week, the market will undergo huge changes.

There is a very important thing that everyone must pay attention to. The Bitcoin Spot ETF is about to reach its final conclusion on January 10th.

Previous ETFs were postponed in advance during the first or second extension, and January 10th was the final decision time, either directly rejected or passed.

As far as the current situation is concerned, there is no reason to fail. The market has also given extremely optimistic expectations. It is generally believed that the probability of ETF passing is as high as 90%​.

Everyone needs to have an understanding of the future market and is not responsible for their own operations. Of course, it is possible that they will not pass.

It will definitely be a blow to the short-term market, but now BlackRock and other large institutions are sharpening their knives and preparing a large amount of funds to enter the market.

Therefore, in the next 7 days, the market will not be calm. It will inevitably usher in a wave in the future. The probability of upwards is high and the probability of downwards is small.

As a prudent investor, investing in spot prices may be the best choice. Of course, if you use leverage, the multiple should not be too high. Be careful of small-probability events. If you fall from the sky, you will be shattered.

This time is of great significance. The entire market’s attention is focused here. If it passes this time, it will be a batch of ETFs that pass at the same time. Funds from many institutions will come into the market together, and the market will definitely not be calm.

How to seize this opportunity depends on everyone.

2,

Regarding Solana, the recent popularity is not just speculation, but also investors’ expectations for its future.

In addition to the Bitcoin spot ETF in 2024, our biggest focus is on the Ethereum Dencun (Cancun) upgrade, which will be tested this month. This upgrade will greatly enhance data storage capabilities.

The gas fee of the entire chain will also be significantly reduced, and this upgrade is expected to be completed in the first quarter of this year.

Therefore, the concepts related to layer 2 have skyrocketed during this period, and everyone should have felt their enthusiasm. As the main owner, Ethereum’s growth has also been very limited. I think it is just to accumulate energy for the explosion.

Solana's long-standing vision is to replace Ethereum layer 2, and its sharding upgrade can be compatible with EVM.

But there is a question here. If Ethereum is upgraded and reorganized, will Solana follow or not?

Usually we call EVM-compatible solutions the expansion of Ethereum, rather than layer 2. Solana’s ambition is obviously not just to be an expansion solution, but to directly replace layer 2. But if you don’t follow the upgrade and reorganization of Ethereum, then there will be A serious problem: double spending.

In a hand-to-hand battle, I believe Ethereum will win.

Solana is obviously a good project and has its own value, but it is still too early to say that it will replace it. Some people even say that it will directly replace Ethereum's status, which is even more nonsense.

And now that sol has experienced a big rise, every time it goes up, the risk will increase by one point.

The future is not clear and there are still many uncertain factors. After all, Solana has not really experienced the test of time and time.

3.

The popularity of the Inscription track continues. Because of the benefits of ETFs, it is obviously impossible for Inscription, which considers itself to be part of the Bitcoin ecosystem, to fall.

When a person attains the Tao, a chicken or a dog ascends to heaven, this principle still holds true.

However, as the popularity continues, people and money are getting involved in this track. After seeing the great success of Inscription, more and more teams are trying to translate some ecology on Ethereum, Sol, and Tezos directly to Bitcoin. coins​.

I think this is a good thing.

Just like blowing up a balloon, the bigger you blow it, the closer it will burst.

Brother Ming has written many articles before expressing his disapproval of inscriptions, runes, etc. At present, I share the same view as the core development team and believe that they have no value.

But the market enthusiasm continues to rise, and the actual beneficiaries behind it are miners. This group is too powerful. With voting rights, they can even refuse Bitcoin upgrades. As long as the upgrade content is detrimental to Inscription, they will oppose it.

There is currently no solution to this matter. If the conflicts between the two parties are irreconcilable, then a hard fork may be the best option.

4.

Finally, let me reiterate, the next 7 days are particularly critical.

The market will not continue to be so calm.

Many people didn't even catch the last train in 2023. Don't be discouraged. The real opportunity to make money will be in 2024.

Many people always like to compare the price at the beginning of the year with the current price, thinking that it is too expensive and too high​.

But for this bull market, it has just begun and everything is still too late. Of course, the above is just Brother Ming’s personal basic judgment on the market and does not constitute investment advice. Everyone must be responsible for their own investment behavior.

WeChat holds a total of 190,000 Bitcoins, and its average cost is actually not low, at around US$31,000. But he dared to continue buying 600 million US dollars of Bitcoin at 42110. There are many interpretations of this operating market, and I will not take sides here.

But one thing can be confirmed. The location of the micro-measurement station is higher, and the scenery we see is different from us. We are like frogs at the bottom of a well, settling in a corner, while the micro-measurement station's gaze is on the entire sky.

Being able to buy so boldly must be full of confidence in its future price.

2024 has just begun. At the beginning, I got Shuanghe Crab and 4 buffs. The right time and place are in place. It just depends on the people and the people.

Hope the ETF passes smoothly.

Come on, people in the currency circle, I am Brother Ming. I have been in the trading market for more than ten years. If you have any questions, please come to Brother Ming. Welcome to chat! #etf #SOL市值 #layer-2