The cottage season has begun

$LTC is going to hype up ETF expectations

#meme is actually a ponzi. 99% of the people buy it in the hope that the funds that come in later will raise the price so that they can make a profit. The remaining 1% likes the meme pictures and meme culture. Imagine if a meme coin has no expectations of rising or airdropping, it will not rise or fall, but the pictures and culture are good, will you still buy it?

dex is a long-tail currency market that has eaten up cex. If perp dex wants to develop, it cannot follow the route of perp cex. User demand is not that great, and perp cex can already meet it. In the future, defi and cefi will definitely coexist, so if perp dex wants to develop, it must take a differentiated route and eat up markets that perp cex cannot cover.

Invest in value in a bear market and in sentiment in a bull market, don’t get it wrong
#ValueCoin

At the top of the big cycle, we only need to pay attention to one indicator, which is the dominance rate of BTC. As long as the dominance rate is still high, it is not the top. This is determined by the law of capital flow. The bull market created by ETF funds will only partially affect it and will not change this law. Therefore, the alt season will definitely come. We don’t need to think about whether there will be one or not, but which one or which ones to choose. This is related to the question of how much the rise will be.

After using the easy-to-use web3 wallet, you will realize that when the threshold for use is lowered in the future, it must be protocol > chain. A good protocol can retain users and cover multiple chains at the same time. Which chain is used specifically depends on the user. In fact, the sensitivity is not high (when the gas level is the same), so the future is likely to be a fat protocol + multi-chain model, rather than the unification of all chains that everyone is pursuing.

The copycats can be bought at the bottom now.

How to understand #Meme ? In addition to emotional capital flows, from the perspective of profit and loss, it can be regarded as a long-term option, a substitute for high-leverage contracts for speculative traders. The advantage is that losses are limited and positions will not be liquidated. Even if it is close to zero, it is possible to recover the capital in the future. Even skyrocketing. The disadvantage is that there are too many targets, which tests the ability to choose and analyze chips. Another disadvantage is that if the choice is not good, the waiting time cost is too high. In essence, the value coins and memes that have real profits in the currency circle are There are two pure extremes, one is to make purely value money (real users, no inflation, there is protocol income and is allocated to governance tokens), the other is to purely make emotional money (cannot be valued, purely based on narrative and emotion), Value coins have a flaw, that is, their value can be calculated, causing them to be sold if they rise a little beyond the valuation. However, relatively speaking, the bottom is more solid.

The exchange rate of $ETH against BTC has not continued to fall in this cycle, which has laid the foundation for ETH to become top 1. Making the cake bigger is the driving force for the growth of an industry. $BTC has its users, and $ETH also has its users. It is not necessary to choose the second choice. One, it’s just that ETH’s contract freedom makes it more creative and more capable of involving non-Crypto users. In the long run, the cake will definitely be bigger than BTC. As for everyone saying that it will be surpassed by Sol and others, the solution is very simple. Just allocate the same public chain that you think will surpass according to the market capitalization ratio. Adults don’t make choices, please have them all.

I think the first problem that all L2s should solve is the threshold of use for non-crypto users. Just look at the recent growth of the base chain to know how powerful Coinbase's aa wallet solution is. Targeting users in the circle to seek growth is a frog in the well.

Although it is said in every round that $BTC the profit-loss ratio is no longer high for small funds and the ceiling is there, it is indeed not high after this round of bull market. The larger the size, the more funds will need to flow in, and the fluctuations will tend to stabilize. , for large funds, the most liquid assets are of course the most stable and the most certain, but for users with hundreds of thousands of funds, the attractiveness is no longer enough, and altcoins are still attractive, but There are more and more altcoins. In the future, there is a high probability that the market will be structured. Sectors will rise in rotation. If there is a general rise, it means that the mid-term top has arrived. The future market will test the ability to select currencies. Part of the value of altcoins comes from users. Part of it comes from emotions #Meme . The copycat market so far in the bull market is mainly dominated by emotions. Of course, emotions dominate most of the time in the bull market, and value is only discussed in the bear market. Therefore, the logic of currency selection is easily misaligned.

Based on the experience of the past two rounds of bull markets, the first big correction in the bull market is most likely not the top, but a very good buying point. The rise after the first big correction will end the BTC blood-sucking season and enter the alt season. At this stage, the rise of BTC is not as fierce as the previous wave, because the funds overflow to the alts lying on the ground. The alts will complete BTC's one year in just a few weeks. Therefore, if the alts have a sharp correction recently, please buy hard and look forward to April
#山寨季