Good afternoon, friends of Mulan!In the past two days, Shenzhen's big cooling has accidentally given me a cold and cold, which is a small rest, and now I will update!
Bitcoin's ** has been adjusting back and forth in the range of 40,000-43,000, but today's trend is significantly stronger than before, directly breaking through the previous high pressure level of 43,000. At present, it is also approaching the final time of ETF review, and there are many uncertainties. Judging the ** turn, whether the pie can break through the high point of 44700 on the 8th as a signal, if the breakthrough means that the ** that started on the 8th has ended, and enter the next stage, you need to use other thinking to judge, before there is no breakthrough, you need to be alert to the possibility of this monthly turn.
Inscriptions: Recently, there has been a certain differentiation in the inscription market, and the number of inscriptions is more than that of **. Interestingly, however, applied inscriptions that tell a vivid story have risen slightly more than those that rely solely on fomo. Although the inscription market has experienced a period of ** and washing, this does not affect people's optimism about it. This kind of ** and wash provides a precipitation time for the entire ecology and the track, ready for the real big bull market, and also provides a good time for investors to get on the bus.
The logic of the inscription can be regarded as the ICO of the Bitcoin ecosystem, which is similar to the ICO of the Ethereum ecosystem in 2017. Through the issuance of assets and memes, the inscription can activate the attention of the Bitcoin ecosystem from 0-1, attract users to register Bitcoin wallets, and provide convenience for the future ecological construction.
In this era of change and opportunity, the cryptocurrency market has ushered in a new boom. This bull market, which belongs to Bitcoin, is also inseparable from the promotion of inscriptions and speculation of inscription assets. Like opening a double-edged sword, every step of the Bitcoin ecosystem involves the whole body, and there is no way back. Although Ethereum is slightly declining in this round of bull market, its vitality is still vigorous, waiting for its moment.
The prosperity of the Bitcoin ecosystem is inseparable from the support of BRC20, which is like a solid bridge to support the market value of the entire ecosystem. However, if this bridge collapses, the entire Bitcoin ecosystem will be in trouble and will take at least a year to recover. Therefore, we must remain highly vigilant and keep an eye on the market dynamics.
Now it seems that the mood of the inscription needs to be guided by at least one pull, whether it is sats, ordi, or rats. Any one of them can have a driving effect on the inscription on the entire chain:
1.If the ordi is pulled, it is equivalent to giving a new meaning to the status of Bitcoin, and this rise in status will lead to the development of the entire on-chain inscription.
2.If SATS is pulled, SATS is both MEME and equivalent to UNISAT equity, and Binance has also invested in UNISAT, and the power of this endorsement will also drive the development of inscriptions in general, especially functional inscriptions.
3.If you pull rats, it will be extremely easy to get out of the circle, and it will be easy to drive outsiders to participate, increase the fresh blood of crypto, and it is likely to become a phenomenal token.
In the end, it depends on the choice of the dealer, and it is difficult for us to have a choice as a leek. It's best to throw your brain on the ground and passively follow and wait for the rats to blow the horn of the charge!
Many people say that the inscription may also end up being a messy situation, and although this statement sounds a bit harsh, some of the authenticity of it cannot be denied. There have been a lot of puzzling inscription projects popping up lately, just like the ICO trend back then, and now DeFi, on-chain games, NFTs, and so on, and it feels like a mess. So, if the inscription market really appears this time, and you are still considering entering the market, I will only recommend the above.
Finally, thank you for your attention to Financial Mulan!