May Day holiday is over, can the crypto market continue to rise? ｜Market analysis
BTC market analysis
secondary titleBTC market analysisToday's working day, a few words. BTC has become the most unsatisfactory target in this wave of rebound. The proportion of cryptocurrency has dropped to about 45%, and the historical proportion of ETH has risen. This is the pattern we had expected to see,
This pattern is the pattern of real blockchain applications and the pattern of application landing.
We are developing in this pattern, and we are also participating in the process of promoting such development. We are happy and fortunate.
Technically, BTC continues to be in the process of the daily center around 53000-59000. We have previously analyzed that BTC has a high probability that in this round of trends, it will be a large center above the weekly line or monthly in the range of 50000-60000. The big hub of the line then continues to rise.Hold coins and wait for future expectations.
ETH market analysis
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ETH market analysis
ETH is undoubtedly the biggest winner of this round of rise, and fortunately, in the $120 billion DeFi market, we finally have a place for us. We have also begun to contribute to the DeFi market, promoting the world's financial landscape to a more diversified pattern.
So we are doing our best on ETH and are loyal to it. The reason is that we have seen a new ETH market, and we have seen an expansion market similar to that in 2015. This expansion market will give birth to many applications that are at least 10 times more , and this is just the beginning.As DeFi aggregators or operations become easier and easier, the average return of this market will decrease, but it will be able to attract greater centralized capital to enter, because for centralized capital, this rate of return is terrible.Grasp this window period, or wait for others to react, you will only have to drink soup
. And ETH is the most certain. Otherwise, no matter how DeFi evolves, it cannot escape the ETH platform, because 95% of DeFi needs to rely on this platform.
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LTC/BCH/EOS/XRP/ADA/DOGE market analysisKnowing this, you will know the reason for the speculative band operation we mentioned earlier.
DOT/KSM market analysis
DOT/KSM market analysis
so,Near the end of the May Day holiday, DOT began to pull market? Is it a coincidence or intentional? Sometimes I really think that the DOT trader was born for the Chinese market. He deeply knows when to pull the market, the Chinese market will care most.so,
DOT continues to take
