The recent rise in Bitcoin is partly due to the activeness of the entire Bitcoin ecosystem, including the inscription track, and partly due to the expectation of traditional capital issuing new Bitcoin assets.
Therefore, even if the inscription ecosystem really dies, it will not affect Bitcoin’s recent strength.
The question is, is it really possible for Inscription to stall?
My answer is no:
Ordinals ecosystem market value exceeds 1 billion;
The mining community will support the ordinarys ecosystem;
Retail investors, exchanges and other institutions also hope that the inscription ecosystem will exist;
Although the actual use cases of inscriptions in the future are still in doubt, the ecosystem has obviously been established. Fundamentalists in the Bitcoin community hope that Bitcoin can carry the function of value storage, just like gold. The problem is that even gold, while carrying the function of value storage, still has practical application scenarios, such as being used as raw materials for the industrial and electronic industries; making luxury goods such as jewelry and providing them to the C-end market for consumption, etc.
short term:
The deviation is too large, and there is a need for a callback, but the callback method is uncertain. Do not participate in chasing the rise.
ordi is affected by the news and there is room for short selling in the short term, and it has already entered the market.
