Morning Reminder:
In a bear market, prices rise sharply, and in a bull market, they fall sharply. A sudden drop can cut long positions, cleansing and intimidating the market. A massive liquidation is a bottom signal, and adjustments often occur all at once.
Funds are shifting to altcoins, making it difficult to change the trend. Currently, the bullish frenzy and trading congestion have not reached the peak of the 2021 bull market.
Hot trading of old DEFI is benefiting significantly from leading players in niche areas, as brand, scale, and customer loyalty enhance bargaining power, with retained earnings growth improving the ability to reward shareholders. The RWA market is experiencing explosive growth, and DeFi may become one of the biggest beneficiaries.
During the market transition period, adhere to the principle of "the strong get stronger." Criteria for selecting leaders: first, the coin price breaks through the March resistance zone; second, the pullback is small while the rebound is large.