In the battle between old and new public chains, does this bull market have a chance for sol to surpass the last bull market eth?
The current general trend of the market is actually slowly entering a bull market cycle, so there is no problem with this. However, in the first half of the year, the risk of the game between the long and short parties was greater, while the second half of the year was relatively clear.
Dameng believes that the biggest factor within the industry in the first half of the year was institutional selling, while the biggest impact outside the industry was the Federal Reserve’s monetary policy. After more than ten days of selling, Grayscale Fund currently still has 500,000 BTC. However, the outflow rate is rapidly decreasing, the selling pressure will become smaller and smaller, the fluctuations in ETF holdings in the market outlook will become smaller and smaller, and supply and demand will gradually become balanced. , until investors once again discover value for Bitcoin and demand once again dominates the market. In addition, there are institutions such as FTX, Mentougou and other institutions that liquidate and compensate customers who need to sell, and the pressure is still on!
In the past few days, $BTC has dropped close to 38,000, and now it has returned to 43,000. The fluctuation range exceeds 12.5%, and the price has returned to the upper barrier range. The overall minimum resistance line has been moving upward, and the price has always been approaching the direction of the minimum resistance line. move, which also makes it difficult to move downward throughout February. In addition, according to DeFiLlama data, SUI network TVL rose to US$438 million, ranking 10th in the TVL ranking of the entire chain, with a monthly increase of 107%. The battle for new public chains will still be the main line of speculation in this round of bull market, so everyone must have positions in new public chains in their position structure. Judging from current expectations, there will be several new public chains ready to issue coins in the next six months. It’s online and worth paying attention to, such as ZkSync and Starknet, which we are most concerned about!
Speaking of the battle for new public chains, I wonder if you have heard this sentence some time ago: This round of bull market
$SOL will reach the height of the last round of $ETH. I thought it was exaggerated before, but now I think it is possible.
$SOL performed well in the last round. It is the leader of the new public chain and has great potential.
Every bull market in the capital market always promotes a new favorite. The last round was $ETH, and this round
$SOL will definitely have a role. In the last bull market cycle, if we take March 20, 2020 as the starting point of the bull market, $ETH has risen from the lowest point of 84 to 4814, nearly 60 times. Coincidentally,
$SOL ’s weekly support this round is around 65, which is close to the lowest point of $ETH at the beginning of 2020. Judging from the monthly trend, the K-line of
$SOL may be replicating the K-line trend of $ETH in the previous round. Da Meng makes a bold prediction here. From April to June this year,
$SOL will break the previous high of 126, and then hit 138 and 150. The rising band in the second quarter will go 126-204. This is the trend that Da Meng can see at present. There is a consensus in the market that anything is possible in the future. If you hold a few thousand SOL, the peak of this bull market is likely to allow you to reach A8!
In fact, in a bull market, it is enough to only hold two tokens. One is rising steadily, and the other is volatile. If it rises steadily, $ordi will be used. In a big bull market, there will still be room for ten times the price. Choose the one with greater volatility. Around 100 million U.S. dollars, I am optimistic about the track token. As I said, you still have to have a dream. What if it comes true? I wish you all get rich soon!
How to lay out, what varieties to lay out, and how to maximize the profit strategy👇👇👇
#JUP #fomc #xrp #热门话题 #MANTA