Hello everyone, I am Akan from the Direction Community. There are only 4 days left before the Bitcoin halving. Since hitting a record high on March 14, Bitcoin has experienced a month-long continuous correction. During this period, Bitcoin hit the key support level of $60,000 twice, and both times it successfully received buying support and rebounded. Especially in the early morning of the 14th, due to an unexpected incident, a missile launched by one country hit another country. This geopolitical event directly affected the crypto market, causing the market to fall sharply in a short period of time.

In fact, this is also the opportunity for institutions and whales to take advantage of the situation to pull the crypto market back to the right place, and also clean up the high and low leverage of the contract market. For yesterday's strong rebound, some people said that it was to lure more and pull up shipments. There are also "experts" who say that Bitcoin will pull back to $42,000. They also talked about Iran's missile plan. Maybe by this time next year, they will say that 4.14 is coming. In fact, these so-called cycles are pure nonsense. Is it possible that Iran will use missiles to bomb Israel on 4.14 next year? In the past 24 hours, more than 960,000 people were liquidated, with a total liquidation amount of 282 million US dollars.

There are probably two possibilities for the current situation of Bitcoin: first, it will stabilize its footing at around 62,000, and then fluctuate upward, and it may enter a crazy bull market. Another possibility is that it cannot hold the price of 62,000, and there may be a big cleanup, just like the last bull market, when there were three big cleanups on the weekly K-line. Ahan personally thinks that there may be another big cleanup, but for spot, it is indeed a good opportunity to buy now. Be careful with contracts and don’t hold them for a long time. Of course, it is best not to play contracts.

Spot layout should change its inherent thinking and buy the bottom in batches, otherwise once the bottom is gone, the opportunity to get on the bus will be gone!

When the spot plummets, pay attention to some anti-falling currencies, observe more, learn more, and follow Ahan if you don’t have the energy! The market will naturally fall if it rises too much, and rise naturally if it falls too much. They are all "natural phenomena", and the news will always lag behind the K-line!

Which assets are suitable for bottom-fishing when the market plummets? It is worth paying attention to on dips. First of all, value investment is a vicious circle that every crypto person cannot avoid. In this cycle, although the SOL ecosystem was previously affected by the FTX crash, SOL still relies on the powerful Memecoin ecosystem, low interaction costs and continuous construction to gradually grow into an indispensable part of today's market. Therefore, SOL, which is still some distance away from the recent high of US$200, still has a certain bargain-hunting value.

As the "only life-saving straw of Ethereum ecosystem", Restaking plays a vital role from the second half of 2023 to the first quarter of this year. On the one hand, it allows Ethereum's big players, whales, and institutions to find an outlet for their overflowing liquidity; on the other hand, it gives small investors an opportunity to enter the market through a large total volume and low circulation model, at least to obtain certain Beta returns. Therefore, PENDLE, ENA, and ETHFI are relatively cost-effective choices in this track. Although the recent decline of the three is relatively small, in the long run, the subsequent news of Ethereum spot ETF, whether it is passed or not, can to a certain extent prompt them to maintain an upward trend.

The leaders of the RWA track can only be ONDO and MKR. The former is the synonym of the RWA track that has reached a cooperation relationship with BlackRock Fund, and the latter is a veteran DeFi organization. The repurchase has also been insisted, so it also has a certain bargain-hunting value.

Although the AI ​​track is still at the peak of the bubble, it is still a hot track now and in the future, so it is not to be ignored. Among them, although WLD has fallen back from a high point, it still holds the leading position of AI concept coins, so it can be included in the bottom-fishing list. In addition to the good rebound momentum of the above tokens, as the representative track of this cycle, the top players of Memecoin are also performing quite well, especially SLERF, BOME, and DEGEN.

In addition to the influence of Meme's appeal, SLERF's locked LP and the continuously deflationary economic model determine that the market's expectations for it are growing day by day. Therefore, after experiencing a low of about $0.22, it has now rebounded to around $0.35.

BOME is the top Memecoin in the SOL ecosystem, and compared with projects such as WIF, the price is lower, so the bottom-fishing value is relatively greater. If you want to get more wealth codes, you can follow Ahan! Today's sharing ends here, I hope it will be helpful to your investment. See you next time!