#币圈#

1. The narrative of BTC ETF will be clear next week, and the big brother of the Bloomberg reporter gave alpha leak, which has always been very accurate, with the exaggerated CME BTC OI and the rock-solid disk, there is a high probability that it will be stable. It's just that I think it's a bit strange that Coin is not as exaggerated as I expected, so I reserve my opinion. I was kind of expected to call BTC ETF for a long time, so the last paragraph is also Buddha (also tired enough for the past two weeks, but mainly Mai makes me sad!!).
2. I personally think that the cottage market should be seen in a dichotomy, and it cannot be said that there will be no cottage market when the leader is dead, and the starting point of this round of cottages is to capture market sentiment through pulling in the on-site liquidity premium brought by BTC, so as long as BTC is stable, there will definitely be a variety of farms and farms to pull the market. It's just that there are various methods, such as SOL, RUNE, INJ, as well as GAS and FTT, depending on Zhuang's ideas and whether anyone is willing to follow (even when the mood is crazy, it is easy to pull everyone to take over). So I'm inclined to expect that there will be some copycat movements before the ETF passes/is over next week.
Specifically, I divide the cottage into three categories, and the division here is different from the plate you are talking about, and it may be more abstract:
1. Copycats that have been rising, for example, SOL (RUNE, INJ also belong to this category but are a little different), the contract OI is not high, the spot has been pulling, there are definite SOL believers, my personal point of view is to pay attention to the contract OI, before there is no large-scale contract players/unlocked spot hedging (from FTX) influx, it is more than empty, my personal understanding is that there is no essential difference between the fundamentals of 40u Sol and 80U Sol, and it is the difference in emotional aspects. Of course, as long as BTC starts to plummet, they must also plummet the fastest.
2. There are many cottages that have not risen, which means that Zhuang doesn't want to care about them, why do you want to buy it? Of course, it is also possible that Zhuang wants to open, the whole wave of heaven and earth needles, and you can go to DWF's market-making list to find this kind of play.
3. It has always seemed to be rising but it is hesitant to rise, and it looks like a "value investment" target, such as Matic, ARB, etc. (the so-called "value" that is currently surviving) The target should be under the ETH ecology), this kind of is the most interesting, because immediately Devconnect who didn't leave a few big moves, here is to bet on whose gun has a bullet, if you make a big move but it doesn't go up, it's recommended to run directly (yes, I'm talking about Near, there are no bullets in the gun every time), if it rises, you may be able to continue to take a look. Here is a special mention of the logic of Tia may be different, but in general, I think 4.5 should be the overvalued price of Tia, and if you want to listen to the logic, you can talk about it.
Finally, it doesn't matter whether the ETF can pass or reverse, because whether the ETF can pass or what magnitude the amount of gold can be passed are important factors that determine the height of the market, but these are difficult to analyze, so just look at the time and target, and no one knows what to do.