Will Solana surpass Ethereum?
Can Ethereum still thrive? I saw a point of view, EOS to ETH, and now there are more and more opinions that SOL surpasses ETH.
Indeed, in this wave of inscriptions, Solana’s popularity has risen very quickly, and even the currency price has soared into the sky like a rocket.
Compared with Solana's performance, Ethereum is a bit embarrassed. When it comes to participating in inscriptions, Ethereum is actually a little later than Bitcoin. In my mind, it is the second public chain to be inscribed. And Solana is even later than Ethereum. But even though it was so late, once it entered the inscription ecology, its community quickly became active, allowing it to quickly catch up in popularity through the inscription ecology.
In addition to the inscription, recent topics and aspirations about DePIN have also made Solana popular.
It is precisely because it has quickly captured these hot spots that Solana currently seems to have the momentum to surpass Ethereum.
But in the long run and fundamentally, I think the possibility of Solana surpassing Ethereum is very small.
why?
I think there are two main key points:
The first one is another point I have made often: Solana cannot compare with Ethereum in terms of decentralization.
Many people find this feature to be illusory and have nothing to do with the performance and long-term development of a blockchain ecosystem. Therefore, many people don't care about it at all, and even think that it is too outdated to mention it now.
But in fact, this characteristic is very important, and it will play a decisive role in some key issues.
I still want to emphasize that as the infrastructure that carries all applications, the decentralization of the blockchain public chain cannot be questioned, because it ensures the neutrality and security of the infrastructure. Only when infrastructure is neutral and secure can it be inclusive of all applications and ecology, be fair and just, and be inclusive of all rivers and create miracles.
To a certain extent, this is the same as people starting a business and investing in an environment:
Some ecosystems are monopolized by a few people. It seems that it does things very efficiently and very quickly, but its policies may change at a moment's notice, or even make a 180-degree turn. Some ecosystems are relatively legal and fair. It seems that the efficiency of its work is very low and the speed of its work is very slow, but its fundamental direction and fundamental policies will not change.#BTC #ETH

How the crypto market landscape is evolving
2023 has been an incredible year for digital assets, with Bitcoin up over 172%, a correction of less than 20%, and net capital inflows into BTC, ETH, and stablecoins.
The market has broken through several important technologies and on-chain pricing models this year, with October being a major pivot point for institutional capital flows.
Currently, the supply of Bitcoin held by long-term holders is almost at an all-time high, and the vast majority of Bitcoin is now profitable.
Major changes are occurring in the market structure, such as Tether re-establishing stablecoin dominance, CME futures disrupting Binance, and the significant growth of the options market.
In our final installment of the year, we’ll take a quick look at the changes happening on-chain this year. We’ll explore how the Bitcoin, Ethereum, derivatives, and stablecoin landscape evolves in 2023, and how this sets the stage for an exciting future.
2023 has been an extraordinary year for digital assets, with Bitcoin’s market cap increasing by a peak of 172%. The rest of the digital asset ecosystem also had a strong year, with Ethereum and the broader altcoin space growing by more than 90% in market capitalization.
This highlights Bitcoin’s rising dominance, which is often seen as a time when markets are recovering from a prolonged bear market such as 2021-22. Ethereum, in particular, has had a somewhat slow start, with the ETH/BTC ratio falling to multi-year lows around 0.052, despite the successful launch of the Shanghai update and the development of the L2 ecosystem.
While digital assets have significantly outperformed traditional assets such as stocks, bonds and precious metals throughout the year, the rebound since late October accounted for most of the gains. First it broke the psychologically important price level of $30,000, as well as a number of important pricing levels. #BTC #ETH

12.26 Market Analysis
Only when you learn to take things as they come in life can you live freely and freely. You only live this life, you can't do something wrong again; a broken heart is hard to heal, so you must not regret it afterwards. In a person's life, there is no bitterness, no eternal pain; no hurdle that cannot be overcome, and no barrier that cannot be overcome. From the 1-hour chart, the upper track of the BOLL Bollinger Bands opens upward, the K line runs below the middle track and is supported, the MACD double lines are glued together, and the KDJ crosses downwards. From the 4-hour chart, the Bollinger Bands are on the upper track It showed a downward contraction, the currency price moved above the lower track, the MACD in the attached picture moved above the zero axis, and short positions began to increase, and the KDJ three lines formed a crossover. Dong Ge suggested that short orders should be the main focus.
ETH is empty near 2280-2275, target 2230-2210, risk control 2310
BTC is short around 43500-43550, target 43000-42900, risk control 43850
Never worry about missing an opportunity. The most indispensable thing in this market is opportunity. The key is to know whether the market is suitable for you, otherwise the opportunity becomes a risk. Welcome to consult and communicate. #BTC #ETH

Will there be fluctuations in the bull market in 2024? Will liquidity risks create gold pits?
In 2024, ETFs, halvings, and interest rate cuts will bring a trending bull market to the market. Of course, this bull market will not be smooth sailing, and there will be fluctuations in the middle. Next year, the biggest source of volatility should be liquidity risk.
The decisive factor in capital market conditions is liquidity, which in human terms means there must be money in the market.
In 2022 and 2023, the Federal Reserve carried out unprecedented interest rate hikes, bringing the interest rate to 5.5%, accompanied by a reduction in its balance sheet. Theoretically, this is a severe tightening of liquidity, and the capital market will correct. In March 2023, Silicon Valley Bank was hit by thunder, leading to a crisis in the U.S. banking industry, and the crypto market also suffered a sharp decline, which was the result of interest rate hikes. But since the Federal Reserve rescued the banking industry, the liquidity crisis seems to have disappeared, and U.S. stocks have hit record highs. This shows that against the backdrop of interest rate hikes and balance sheet reduction, market liquidity has been relatively abundant over the past year. So what is the reason for abundant liquidity? Will liquidity remain sufficient in a high interest rate environment?
The Federal Reserve suspended interest rate increases at its December interest rate meeting. Federal Reserve Chairman Powell issued a dovish signal, which generally meant that he did not have to wait until inflation reached 2% before considering an interest rate cut. Economic forecasts showed that interest rates would be cut three times in 2024, with the median interest rate expectation of 4.6 %, which is a rare good thing for the market. The US stock market hitting new highs shows that the market has fully priced in the Fed's substantial shift. It can be said that this round of interest rate hikes is basically over. It depends on when the interest rates will be cut in the future, and the timing of this interest rate cut is where the biggest disagreements within the Fed occur. Why are there disagreements within the Fed over the timing of a rate cut? The core reason is still the state of market liquidity. The United States does not want the banking crisis and the U.S. long-term bond sell-off crisis to happen again. So the core issue remains: liquidity.
This year, the good growth of US stocks or crypto markets shows that market liquidity is still good. Since the beginning of this year, the Federal Reserve has been passively shrinking its balance sheet by US$95 billion every month. In August, the Treasury Department issued bonds frantically. Most of them were short-term bonds, and these short-term bonds were basically taken over by funds withdrawn from overnight reverse repurchases. . This also led to a decrease in overnight reverse repurchase usage by 1.0% in 23 years.9 trillion dollars. #BTC

12.21 Market Analysis
Hard work is an attitude towards life and has nothing to do with age! Life must be passionate. As long as you have a direction and goal, it is never too late to start. A negative energy head will not give you a positive life! Simply, learn from the best of others and be the best of yourself!
From the 1-hour chart, the upper track of BOLL Bollinger Bands is shrinking, the K line runs below the middle track, the MACD double line runs below the zero axis, and KDJ crosses downwards. From the 4-hour chart, the currency price breaks through the middle track After being supported, it rebounded to run above the mid-rail. The MACD double lines in the attached picture combined the bullish energy and weak volume, and the KDJ three lines diverge downward. Dong Ge suggested that the rebound should be based on high altitudes.
ETH is empty near 2220-2230, target 2140-2130, risk control 2270
BTC is short around 44000-44300, target 43200-43300, risk control 44600
Never worry about missing an opportunity. The most indispensable thing in this market is opportunity. The key is to know whether the market is suitable for you, otherwise the opportunity becomes a risk. Welcome to consult and communicate. #BTC

Bull market pit avoidance guide: position layout and precautions
In the early stages of a bull market, the key is to control your positions and give yourself the courage to hold on! BTC and ETH will always be the kings of this market. Their final growth rate will definitely not be as high as that of some copycats, but they will never fall behind in the bull market. At most, it is a matter of rising more or less. When falling, there will also be a peaking pattern. It will not be like some copycats directly selling Super Mario. You can buy high-quality copycats, but the main positions must be concentrated on BTC and ETH!
The essence of the currency circle for us retail investors is to cut leeks, but BTC and ETH are the main lines. The consensus for many years is here, and it will not cut to SI. However, it is different for copycats. Their essence is also to cut leeks, but they will return to zero. , the peak is at the opening, and there are many copycats that will not survive for half a year, let alone rely on leverage!
In a wave of market conditions, BTC will rise 10 times, and some copycats may rise 50 times. However, a large part of them will not rise much, or even return to zero, so do not bet your main net worth on a small probability event. , if you really have knowledge and are optimistic that a copycat has a hundred times the potential, then buying one for 10,000 to 20,000 yuan is enough.
If you don’t have this understanding, just buy the big pie, and for other copycats, just take a small bet! In the bull market, all the demons are dancing, and the real coins that have increased dozens of times are quietly rising, and there will be no large-scale publicity on major social media. When you see many KOLs on a large scale vowing that a coin will rise by how much, Just sell decisively, because this is the main shipment stage. #BTC #ETH

Trading experience
1. If your expectation is to make a lot of money, your trade will almost certainly fail.
2. You need to understand that the only real secret to successful trading is to manage your losses. If you can keep your losses low and controllable so that your profits are greater than your losses, then you will win in this loser's game.
3. Don't let a failed trade linger in your mind, clear it with confidence, and then slowly erase the disappointment so that the failed trade will be terminated when it reaches your original stop loss point.
4. As a trader, you should keep the risk of trading liquidation close to 0. Any financial liquidation risk above 0 is considered high.
5. Remember, successful trading is about survival and good risk management.
6. The concept of liquidation risk is very important, it is the key to survival. In my opinion, liquidation risk is the key to unlocking the door to real trading knowledge. Unless the risk of liquidation approaches 0, you should not trade.
7. Learn to go where others dare not go. If most traders fail, you should do the opposite and go where others fear to go, rather than follow their example. You must learn to stay away from the crowd, fight the herd mentality, and not feel safe just because there are many people.
8. Fund management is the most important part of successful trading. It is the secret key to survival and success.
When we do transactions, we must ultimately figure out one thing, which is what you are trading. Some of us trade on rules, some trade on opportunities, some trade on advantages, and some trade on their talents that are different from ordinary people. What you trade depends on what you own. #BTC #币安合约锦标赛

Big Pie (Review)
Over the weekend, Big Pie analyzed short orders near 44,500. This morning, it reached the target point of 43,500, gaining 1,000 points. Congratulations to those who followed. There are one or two steady orders every day, and the entire network is paying attention to Dong Ge Pan Coin. Starlight will eventually live up to those who are on the road, do it and cherish it. At least today, I have firmed up my trading thoughts, adhered to the trading system, respected the market, and the market has rewarded me very well. #BTC #币安合约锦标赛

Ethereum (review)
Ethereum made a profit of 90 points. It was in a volatile market over the weekend. A wave of decline this morning also reached the target point.
Pay attention to Dongge Panbi's stable one or two orders every day, and the strength is disclosed to the entire network. Starlight will eventually live up to those who are on the road, do it and cherish it. At least today, I have firmed up my trading thoughts, adhered to the trading system, respected the market, and the market has rewarded me very well. #BTC

12.9 Market Analysis
The beauty of human nature requires you to be able to see the truth of trading. Trading is speculation, which also determines that the truth of trading is supply and demand, especially the misalignment of supply and demand of funds. The emotional response is consistent, and the cycle repeats regularly. If it rises too much, it will fall, and if it falls completely, it will fall. It's going to rise.
Judging from the 4-hour chart, the upper track of BOLL Bollinger Bands opens upward, the K line breaks through the upper track and is suppressed and falls back to run above the middle track. The MACD double lines stick together and cross downward, and the KDJ three lines diverge downward. Dong Ge suggests The rebound is mainly high.
ETH is empty near 2380-2370, target 2310-2290, risk control 2420
BTC is short around 44500-44400, target 43700-43500, risk control 44800
Never worry about missing an opportunity. The most indispensable thing in this market is opportunity. The key is to know whether the market is suitable for you, otherwise the opportunity becomes a risk. Welcome to consult and communicate. #BTC #ETH

Some suggestions for currency investors
First, don’t let people around you know that you are speculating in currencies. There are several reasons for this, some people will understand it and some people won't.
Second, don’t let others know how much money you make. Please do not show off your earnings or assets on social media, otherwise it will cause unnecessary trouble.
Third, don’t show off your luxurious lifestyle in your circle of friends. Except for those closest to you, few people will wish you happiness, and it's easy to attract attention by showing off.
Fourth, once you acquire a large amount of wealth, keep your distance from people you knew before. The first thing many successful people in the cryptocurrency industry did after the bull market in 2013, 2017, or 2021 was to quit their jobs, and they will never do it again. The second thing is just to delete people you knew before, if you can.
Fifth, avoid gambling and gambling. Gambling destroys people psychologically.
Sixth, please don't say bad things to each other. Peace is the most important thing. Being emotional will affect your wealth. Stay away from unhealthy people and avoid contact with those who drain your energy. If you disagree with others, just add them to the blacklist and delete them without wasting time.
Seventh, do not take the initiative to do good deeds, do not express too many assumptions about others, and let others decide their own destiny. Focus on improving yourself and let the rest take care of itself.
Eighth, don’t invest in areas you are unfamiliar with easily. It is difficult for people to make money from unfamiliar fields.
Ninth, be brave and don’t start a physical business rashly unless you regard it as a kind of fun rather than as a goal of making money. According to the current economic environment, physical entrepreneurship is full of thorns. #BTC

Musk announces "seed funding" for BlackRock spot ETF, Bitcoin (BTC), DOGE surge higher
On Wednesday (December 6) in the Asian market, Bitcoin fell slightly to $43,860 and successfully exceeded the $44,000 mark in the morning. BlackRock, the world's largest asset management company with $9 trillion under management, disclosed that certain sub-investors agreed to subscribe for shares of its spot Bitcoin ETF fund for $100,000. This news further boosted the approval of the U.S. Securities and Exchange Commission (SEC). Possibility of clearance. X.AI, Elon Musk's artificial intelligence company, raised $1 billion through a stock issuance. Dogecoin surged more than 5% on the news as the platform was seen as having the potential to allow Dogecoin payments.
BlackRock reveals it has received “seed funding”
BlackRock disclosed in a new filing with the U.S. Securities and Exchange Commission that it has secured $100,000 in “seed funding” for its proposed Bitcoin spot ETF. "Seed capital investors have agreed to purchase $100,000 of stock on October 27, 2023 and deliver 4,000 shares (seed shares) at $25 per share on October 27, 2023," the filing said.
Seed capital represents the initial capital that is allowed to fund the underlying creation units of an ETF so that the shares can be issued and traded on the public market.
BlackRock’s proposed iShares Bitcoin Trust would invest in Bitcoin rather than futures linked to the leading cryptocurrency and is one of 13 applications awaiting regulatory approval. The market generally expects that the US Securities Regulatory Commission will approve one or more spot ETFs in early 2024. Bloomberg analysts believe that the probability of approval in January is 90%. #BTC

Trading experience
1. This is the first law of the market: the market will definitely disappoint most traders.
2. Trading elites do not rely on a mysterious indicator or some kind of trading secret to make profits. They do not rely on choosing the right trading market, choosing the right trading time, or choosing the right financial product. None of it. Their success stems from successful trading rules and strict compliance with these rules.
3. Failure to give up past experience is a big mistake that every trader will make, without exception. Although perseverance is an important part of success, because failure is the mother of success, there are many difficulties on the road to success, and success cannot be achieved without the determination to persevere. But doing so may also lead you to continue to practice losing money, and believe me, I know this very well. You know, it took me 15 years to give up using the Elliott Wave Theory!
4. Focusing on profits will not make you big money. Traders should focus on the trading process rather than profits, that is, they should pay attention to management, clear plans and execution of trading plans. If you learn to pay attention to the trading process, profits will naturally come.
5. Believe it or not, being successful or always being right is not that important. If you are obsessed with winning, it is safe to assume that you will devote too many resources and energy to figuring out how to beat the market. These "tinted glasses" prevent you from seeing any other goal in trading than winning. Unfortunately, the will to win and be right can actually get in the way of success.
6. If the report you read has too clear views and opinions, please be wary; if the analyst seems to know everything, then you must be careful.
7. Success is great, but making it your main goal is inappropriate and disorienting. If you want to be successful, your trading goal should be risk money management. #BTC

12.6 Market analysis
What you don’t know is more meaningful than what you know. Missing the train will only cause you pain when you are catching up. Similarly, being unable to obtain the profits expected by others will only occur when you pursue such profits. Make you feel miserable.
Looking at the 1-hour chart, the upper track of BOLL Bollinger Bands is shrinking. The K line failed to break through the upper track and then fell back. It is currently running above the middle track. The MACD double lines run above the zero axis. The bulls' energy is shrinking slowly. The KDJ three lines are moving upward. On the 4-hour chart, the upper track of the Bollinger Bands opens, and the currency price moves below the upper track. The MACD bulls in the attached picture are weak in increasing volume, and the KDJ turns downward. Dong Ge recommends short orders.
Operation suggestions
ETH is empty near 2280-2290, target 2210-2200, risk control 2320
BTC is short around 43700-43800, target 42900-42700, risk control 44500
Never worry about missing an opportunity. The most indispensable thing in this market is opportunity. The key is to know whether the market is suitable for you, otherwise the opportunity becomes a risk. Welcome to consult and communicate #BTC

Bitcoin price broke through the $41,000 mark, hitting a 19-month high.
In the early hours of this morning, the price of Bitcoin exceeded the $41,000 mark, setting a 19-month high since May 2021. This news attracted widespread attention from the market and investors. According to CryptoPotato, Bitcoin has left a large number of short positions in the past 24 hours, which means that there are many investors in the market who are skeptical about the future trend of Bitcoin. However, despite these disagreements, the price of Bitcoin continues to rise.
Many analysts and experts believe that Bitcoin’s bull run has already begun, while others believe that the bull run will arrive after the Bitcoin halving in 2024. Bitcoin halving means that every four years or so, the rewards on the Bitcoin network are cut in half. This event will affect the market supply and demand relationship, causing the price of Bitcoin to rise. Bitcoin halvings traditionally coincide with significant increases in Bitcoin prices and major bull runs occurring across the industry.
However, prominent fund manager and “multi-asset investor” Jeroen Blokland believes that this rally is different compared to the last time the cryptocurrency traded at these levels. The last time Bitcoin topped $40,000 was in May last year. Since then, cryptocurrency scandals and poor overall market sentiment have caused prices to fall. While many investors are focused on the halving, Bitcoin’s acceleration as an “accepted” asset class feels different than the last time the price hit $40,000.
In addition to Bitcoin halving expectations, other factors in the cryptocurrency market may also have an impact on Bitcoin price increases. For example, as more institutional investors enter the cryptocurrency market, demand for Bitcoin is likely to increase. In addition, with the development and application of blockchain technology, the reliability of Bitcoin as a value store and exchange medium may also be further improved.
The upcoming December 2023 could also be an interesting month for the cryptocurrency market. The U.S. Federal Open Market Committee (FOMC) will meet on December 13 to review its anti-inflation policy and decide whether to increase the inflation rate. Most experts believe that interest rates will remain unchanged, which could have a positive impact on the price of risky markets such as Bitcoin #BTC #ETH

hainlink (LINK): The power of oracles
Chainlink (LINK) has solidified its key position in the blockchain space with its reliable oracle services. Through cooperation with various blockchain projects and traditional companies, Chainlink (LINK) has enhanced its market influence and become an integral part of the smart contract field.
The price of Chainlink (LINK) is influenced by its widespread adoption and growing demand for decentralized oracle services. The network is constantly updated and enhanced, keeping investor interest high and creating positive price trends.
Chainlink (LINK) is likely to continue growing, driven by the continued expansion of its oracle applications. However, the emergence of competing oracle services may pose challenges. Only if Chainlink (LINK) can maintain its leadership position in the oracle space will its price rise significantly.
However, it’s not all plain sailing in the cryptocurrency market. Issues such as market volatility, network stability and competition are always present. For Solana, despite its significant advantages and strong ecosystem, continued innovation is needed to address these challenges. For Avalanche, although its network congestion and scalability issues have improved, continued technological advancement and ecosystem support are needed to maintain the upward trend and further expand market share.
Looking ahead, there is reason to believe that the cryptocurrency market will continue to grow. The rise of emerging currencies such as Solana and Avalanche will inject new vitality into the market, and they also require continuous innovation and improvement to cope with market challenges. In addition, the macroeconomic environment and innovation in financial products will continue to drive the development of the cryptocurrency market. As time goes by, we have reason to believe that cryptocurrencies will receive more and more attention and recognition from global investors and become an important part of the global economic system.
Finally, for investors, investing in the cryptocurrency market requires careful and rational analysis. Not only should we pay attention to the short-term fluctuations of the market, but we should also have a deep understanding of the technical advantages, ecosystem and future development potential of various currencies. At the same time, investors also need to always pay attention to market dynamics and policy changes in order to make wise investment decisions.#BTC #ETH

Before the bull market starts, these types of arrangements will help you gain financial freedom.
There is only one month left in 2023. When we look back on the cryptocurrency market this year, we can’t help but lament the twists and turns and opportunities. After experiencing the market boom last year, cryptocurrency appears more mature and rational this year. Bitcoin and Ethereum, the two giants in the market, still perform solidly. However, they are no longer the dominant players they once were, and several emerging cryptocurrencies are challenging their position.
One altcoin that has stood out this year is Solana (SOL). With its innovative technology and strong ecology, it is leading a new trend in the cryptocurrency market. Solana’s high throughput and low transaction costs have attracted a large number of developers and users, making it more widely used in fields such as NFT and DeFi. At the same time, Solana’s continued innovation and expanding ecosystem have further enhanced investor confidence and driven an upward trend in its price.
In addition to Solana, Avalanche (AVAX) has also been a shining star in the cryptocurrency market this year. Avalanche is becoming the platform of choice for DeFi applications and enterprise solutions thanks to its high-speed, low-cost transactions, unique consensus mechanism, and commitment to interoperability. Avalanche's price changes reflect the growing popularity of its network and technological advancements, with the addition of numerous Avalanche-based projects having a positive impact on its market value, showing a clear bullish trend. #BTC #ETH

Bitcoin rally widens gap
Layer-2 Ethereum networks Arbitrum and Optimism have yet to bridge this gap as they currently generate less than $200,000 in daily fees.
Fee flipping (flopening?) is embarrassing when you consider the sheer number of use cases supported by Ethereum. Decentralized exchanges, DAOs, memecoins, NFTs, stablecoins, DeFi and GameFi all run on Ethereum.
Bitcoin, on the other hand, has primarily had one application for a long time – Bitcoin trading. But since 2015, and until recently, on-chain transaction rates have maintained extremely low growth. Perhaps due to its “digital gold” narrative and the growing popularity of alternative cryptocurrencies.
Ethereum users have paid $17 billion in fees over the past five years, while Bitcoin users have paid just $2.9 billion
All of that changes with Ordinals — a protocol that records individual Bitcoin ( BTC ) units with unique data to create digital collectibles, first launched in January.
Since then, music, text, art, video and even browser-based DOOM clone code have been written into Bitcoin, creating an on-chain collectibles market worth thousands of BTC. Bitcoin users trade Ordinals just like Ethereum or Solana users trade NFTs.
Today, approximately one-third to one-half of all Bitcoin transactions contain Ordinals, driving demand for block space and transaction fees. Today, a "medium priority" transaction costs about $11, while the same transaction on Ethereum costs about $2.30 (higher priority generally means faster processing), although these prices have since dropped.
TRON ranks third in terms of monthly fees, mostly thanks to stablecoin Tether
So, is it good for Bitcoin to charge more fees than Ethereum? Maybe not.
Some Bitcoin insiders are concerned that the network is not properly equipped to handle the influx of Ordinals and potential interest from its original use case (BTC payments).
The CryptoKitties incident of December 2017 – during which an NFT game became so popular that it seriously
Until then, it seems reasonable to value Bitcoin and Ethereum more similarly.One more run may be necessary. #BTC #ETH

Ethereum won’t easily topple Bitcoin, but Ordinals could change that
Bitcoin block space looks set to become the hottest commodity in cryptocurrency.
Bitcoin once again accounts for more than half of the entire cryptocurrency market, outperforming Ethereum by nearly double so far in 2023. Now, the long-predicted Ethereum-to-Bitcoin “flip” isn’t even close to happening.
The current market valuation of Bitcoin is three times that of Ethereum. Bitcoin has a market capitalization of $727 billion, an increase of $400 billion by 2023—a figure higher than Mastercard’s entire stock valuation and roughly twice that of Netflix.
Ethereum’s valuation has grown by $100 billion, jumping from less than $145 billion in January to nearly $245 billion today.
Some expect Ethereum's market capitalization to one day surpass that of Bitcoin, despite the latter already having a five-year head start.
Things are looking good for emerging from the 2019 bear market and entering an explosive bull cycle in 2021. DeFi summer and NFT mania have boosted interest in Ethereum, sometimes resulting in fees exceeding $250 for some operations.
As of late 2019 (the bottom of the bear market), Bitcoin’s valuation was 925% higher than Ethereum’s, at $130 billion to $14 billion.
By the end of 2021 (the peak of the bull market), this number had shrunk to below 200%.
Today, Bitcoin is worth 300% more than Ethereum. #ETH #BTC

It takes an hour to walk from the first floor to the top floor of the Empire State Building. But if you jump from the top of the building, you can return to the bottom in just 30 seconds. In trading, there are always things you can't think of that will cause you to lose money. The simplest way to determine whether you need to stop loss is to ask yourself a question: Assuming that you have not established a position yet, are you still willing to buy at this price? If the answer is no, sell immediately without hesitation. Going against the trend is the beginning of failure. You should not fight the market or try to beat it. There is no need to be smarter than the market. When the trend comes, respond to it and follow it.
When there is no trend, observe it and be still. It’s not too late to wait until the trend finally becomes clear before taking action. This will lose a small amount of opportunities, but it will win the safety of funds. Your goals must be consistent with the market and follow market trends. If you stay consistent with the market, profits will roll in. #BTC #ETH