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Bugsbunny—e/acc|Jan 23, 2025 12:14
Milestone: Solana achieves a monthly trading volume of $200 billion
In fact, the market has already chosen its direction. The market's funds are exceptionally active, and the majority of retail investors' VC coins have not seen an increase, which almost means that in the future of improved liquidity, they are likely to only benefit from the BETA returns in the market.
Users and institutions have chosen Solana as an opportunity to exchange VC coins on the chain rather than in the form of high PE and high distribution
The market has reached the final stage of 'cheating me but paying attention to the number of times', and we seem to no longer trust scumbags.
There is no longer any heat on new coins, and fewer people realize that most altcoins have no "value investment" value, only a band. And the frequency band has a significant learning cost. Your opponent is institutions, dog farms, and ordinary retail investors who cannot win will gradually move away from the VC coin market, and their emotions will also be hostile to traditional CEX.
The reason why BTC is no longer rising is nothing but.
1. The narrative is singular, and the market does not have the expectation of pricing it into the balance sheet.
2. In the current expected landing situation, the market and retail investors believe that BTC is expensive, and during this period, it will wash away short-term long positions, leading to a decline.
If there are new additional narrative injections,
1. If the cryptocurrency market becomes more compliant and open
2. Trump announces pension fund investment in cryptocurrency market
3. Trying to solve the US debt problem (daydreaming)
4. Excessive liquidity has caused the cryptocurrency market to suffer from the overflow of liquidity
Of course, we still recommend @ okxchinese's web3 wallet for on chain transactions, which is secure, fast, and iterative. It is almost the only traditional exchange that has caught up with the development of on chain and does not suffer from the big enterprise disease like Ethereum.
OKX
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