March 30, 2024 Grandpa clocked in
BN has launched a new project, Ethena, which is simply a stable currency project, but due to its unique design and relatively stable rate of return, it has gained the favor of a large amount of capital. If you have not saved any assets before, you can do some prostitution on launchpad. The project is quite high-quality, and your pendle has also increased to a certain extent because of this project.
It has to be said that new projects in Circle B are emerging one after another, but in my opinion there are not many projects with real commercial value, and the track is basically based on the success of basic business. At present, regarding the basic sector, stablecoins have not made any special breakthroughs. Large institutions have the right to speak, and they still look forward to breakthroughs in relatively decentralized stablecoins. Of course, this topic has been mentioned many times.
In terms of the market, the weekend continued to run at a low volatility, neither going up nor down, entering what traders often call "garbage time". As expected, this market is expected to continue, possibly for a week or even longer. The pressure of 70,000 yuan for Bitcoin cannot be easily broken. The longer the volatility lasts, the greater the need for a pullback.
Generally speaking, when the direction of the market is unclear, I will be more inclined to defend and evaluate the possibility of risks. After so many years in the trading market, I know that the harm caused by risks to transactions is far more destructive than the damage caused by missed opportunities. The impact will be far-reaching. When we try to beat the market, we must first ensure that we are in a safe position as much as possible and patiently look for more certain opportunities.
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