Recently, the cryptocurrency market has witnessed a series of eye-catching developments. Specifically, in the perpetual contract trading of 1000SATS and 1000SATSUSDT, the price stabilized at 0.0003039, accompanied by a positive increase of +5.66%, creating an optimistic market atmosphere. Market rumors are spreading, claiming that the Bitcoin ecosystem is entering the third round of significant growth cycle, indicating that the market craze may be fully spread, which has greatly boosted market participants' expectations for market conditions in the next six months.
A senior analyst in the community shared a chart interpretation, emphasizing that the emergence of the intersection of the 120-day and 233-day moving averages in history has become a precursor to a significant rise in the market. This regular finding is particularly eye-catching in the current market context, especially after the market correction triggered by the U.S. banking crisis in the first half of last year and the market volatility in October last year, which has deepened the market's understanding of this The intersection could trigger expectations of a new rally.
At the level of investment targets, after half a year of silence, the MERL project's airdrop activities came to a successful conclusion, and the project itself began to show upward momentum, bringing new investment opportunities and confidence to investors. For investors like you who are deeply involved in the Merlin ecosystem and hold its diverse tokens and NFTs, this is undoubtedly an important moment worth tracking closely.
Within the Merlin ecosystem, tokens such as MERL, VOYA, MDBL, and HUHU are being tested by the market. The market is generally concerned about whether any of them can stand out and become a star project leading the market. This uncertainty not only adds to the interest of the market, but also tests investors' vision and judgment.
From a broader perspective, this round of rising prices in the Bitcoin ecosystem is first led by value coins such as CKB, BB, MERL, etc., while meme coins such as ORDI, SATS, RATS, and $PIZZA lag behind, usually in Bitcoin. Driven by the continuous rise of the currency, it gradually followed the rise. This phenomenon shows that in the early stages of market recovery, the concept of value investing still dominates.
