In recent days, several sectors that have performed well, whether it is BCH or COMP, etc., in addition to financial support from some institutions or project parties, also have a common feature, that is, these coins have been deeply washed, and there are almost no such coins this year. People have gone in.

All in all, the pie and Ethereum series continued to hit new highs after a short-term correction, and then began to decline slightly as retail FOMO sentiment increased. This is definitely a high probability event. In the past two days, the hype of POW has been very hot, and it will eventually return to its original point. The market is lucky.

Regarding the copycat holding part, the view is positive. Even if the big pie fails to break through new highs this time, we will not feel pressure to hold it, and once the overall rising market starts, the copycats will benefit the most.

The market has relatively ample funds recently!

As shown in the figure below, lending agreements have become the most popular this month. The overall growth is obvious to all, indicating that the overall risk appetite of the market is increasing, and everyone is willing to increase the leverage ratio to obtain a corresponding higher rate of return.

In the LSDFI track, the liquidity released by the LST token is expected to release a volume of 40 billion US dollars, which will undoubtedly bring a certain amount of additional liquidity funds to the market.

Combined with the recent frequent actions of Wall Street institutions in the United States, the market has awakened from the haze, opened up a direction in the chaos, and become clearer in the blur. OTC funds are ready to move, and the net inflow of stablecoins has continued to rise steadily.

There are two trends in the market now

1. A price drops, and then it reaches the support level and then rises again, 35,000-38,000 is possible

2. But if it keeps trading sideways in the range, it means it is falling but not a sharp drop, just like the daily chart below! But benefits and risks coexist! We also grasped the trend of the last rise of the big cake, and this time the market will not be bad either. It can be called a take-off market. Choosing the right direction in July will definitely bring big benefits

About long-term thinking

All investments are based on probability, not betting on a single project. Using the Kelly formula, you also need luck, but you can't bet too much. It is recommended not to be more than 10, otherwise you will not be able to manage your energy.

If investors are concerned about certain coins, they might as well stop investing in them and use the money to invest in Bitcoin and Ethereum, which have the lowest risk.

Many investors who did not hold the stocks before are now eager to buy them. The current prices are a bargain compared to their previous highs. But I think the risks are quite high. If investors have enough risk tolerance or really like the stocks, then it is okay to buy them; but if you buy them from an investment perspective, you should be very cautious.

I will give you an overall framework for choosing a currency

The circulating market value and total market value should be low. The total market value of the public chain should be less than 50 million, and the dapp protocol should be less than 5 million.

The ceiling of the track should be high. At least the valuation in a big bull market should reach more than 1 billion US dollars.

New narratives, don’t participate in tracks that are too unpopular. It’s best to solve practical problems. New narratives must be long-term value discovery, not short-term cyclical hype.

The 100-fold black horse coin must be in a place where no one cares about it. Because the coins known by the whole network are basically opened high (ICP) or normal valuation (ARB). Do you think their unit price can increase by 100 times? When the market opened, the total market value was tens of billions or hundreds of billions. Let alone a 100-fold increase, even if it increased by 10 times, it would catch up with ETH and BTC.

The best time for tokens to be launched is at the end of a bull market or the beginning of a bear market. When conducting research or buying, the best time for launch and wash trading is 6-12 months, and the circulation rate should be greater than 50%.

Choose Dragon One for the track, and try not to choose the ones behind, so it is Eco Coin Dragon One. So you can’t go wrong by choosing Dragon One

The development of the RWA track deserves special attention

One of the best performing tokens this week, #COMP, is because its founder Robert Leshner announced the birth of his new company Superstate, which is to create regulated financial products that connect traditional markets and the blockchain ecosystem. Unlike DeFi, which is limited to the cryptocurrency circle, this will sublimate the connection between reality and virtuality.

In an interview with Wu Shuo, Vitalik also talked about RWA physical assets. He believes that there is a certain rationality in this design space, but careful engineering design is needed to ensure that it supports the wide distribution and stable governance of assets.

In summary, in the subsequent market, we can focus on the development of this track. Each round requires narrative hot spots to fluctuate, and this may be a point favored by subsequent funds.

The tokens in the picture are all related to this sector, but the representative ones include the three DEFI musketeers #Comp, #Mkr, #AvAe, as well as #Ondo, #MPL, #TRADE, #Ployx, #Om, etc. It is recommended to follow the high market value circulation of large exchanges.

5 coins worth watching in the Ethereum staking sector

1、LDO

LDO has a huge first-mover advantage. It was the first in the market to develop the Ethereum staking ecosystem. It currently holds more than 7.5 million Ethereum tokens. The amount of Ethereum staking accounts for more than 70% of the entire liquidity staking, so it has a huge market share. However, the current market value is also relatively high, and the future space is still limited.

2、RPL

RPL is also an Ethereum liquidity pledge ecosystem, but it does not have a first-mover advantage and appeared relatively late, so it has lost its first-mover advantage. However, its market value is relatively low, and it can also become an Ethereum node provider through it, so the future is still worth looking forward to;

It and LDO belong to the same completely overlapping track, so choose between it and LDO

3、FXS

FXS started out as an algorithmic stablecoin called FRAX, and then moved on to CRV's liquidity nesting doll, and now to Ethereum's liquidity staking. We can see that the project team has fully grasped the market's heat, and the project team is very ambitious and can quickly adjust the strategy. From the algorithmic stablecoin, we can see that from the collapse of LUNA to the spiral decline of AMPL, the current ecological development of the entire FXS is still relatively good, and it currently holds more than 100,000 Ethereums pledged. If the entire FXS ecology continues to improve, then the future of FXS is worth looking forward to;

4、Anchor

ANKR started out as a cloud computing platform, then began to build Web3 infrastructure, and is now also doing liquidity staking for Ethereum. Through the trend and development of the ANKR ecosystem, we can see that the project team is constantly adjusting their thinking and their ecosystem development. ANKR is currently at a relatively low level, so when the entire Ethereum ecosystem begins to explode, and when the liquidity sector begins to explode, the future of ANKR will be very worth looking forward to.

5、SSV

SSV is also an Ethereum liquidity staking ecosystem, but it is mainly aimed at ToB rather than ToC. It is mainly aimed at node operators and staking service providers, not users, so ordinary users do not have a particularly deep feeling about it. However, the existence of SSV is inevitable, because the Ethereum liquidity ecosystem must have a basic technology provider, so SSV is the basic technology provider, and SSV has also reached cooperation with various Ethereum liquidity ecosystems. Therefore, if the Ethereum liquidity ecosystem is to explode, then SSV will inevitably explode as well.

These 5 tokens currently have a relatively high LDO market value, and there is limited room for growth

RPL has no first-mover advantage and has a relatively low market value, but it may explode in the future

FXS has evolved from algorithmic stablecoins to the current Ethereum staking ecosystem, which is very worth looking forward to.

ANKR has evolved from a cloud computing platform to today’s Ethereum staking ecosystem, which is also worth looking forward to.

As the provider of the basic technology for the Ethereum staking ecosystem, SSV is also worth looking forward to in the future.

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