#TRUMP Today, 100 million tokens will be unlocked. Will the price experience a 50% Slump?

#共庆Gateio11周年
The age of the coin is the same age as Gate

After Bitcoin hit $70,000 for the second time to no avail, it chose to adjust downwards again, will $70,000 become a "double top" in this market?
The direct reason for this adjustment is that the buying volume of ETF institutions on Wall Street is somewhat "weak", and there has even been an outflow again, compared with the previous daily net inflow of hundreds of millions of dollars, the heat has ebbed a little.
During this period, the net long positions held by institutions and the net short positions held by hedge funds both rose in a straight line, indicating that the game of long and short

A few pieces of advice for newcomers in the currency circle!
First piece of advice
The cryptocurrency market has gone through the period of barbaric outbreak, and the next stage is the stage of formal financialization and the stage of capital institutions.
Don't dream of pinching a coin and eating it dozens of times and a hundred times, according to the current market sentiment, coins that can be multiplied tenfold are rare.
Even if the bull market really comes, there will not be many coins that can multiply more than tenfold.
Second piece of advice
The primary market is indeed a small investm

One knowledge point per day!
We all know that the market is divided into Bear Market, Bull Market, and Monkey Market.
The Bull Market is simple, a coin can be held still, as long as it is not too blind, it is impossible to get a long-term Sideways or even volatile downward coin. The essential difference between cottages in the Bull Market is actually the difference between earning more and earning less.
The Bear Market, on the other hand, is much more complicated, and if the Bear Market is held for a long time in a Bull Market manner, you will find that in the end it will shrink seriously or e

Today's Afternoon Ginseng:
On January 11, 2024, Beijing time, the SEC approved the application of 11 institutions for BitcoinSpot ETFs (including grayscale's GBTC to ETFs), and Crypto Community people can finally say that we are standing in the same ring as Wall Street, and from now on Bitcoin we have officially stepped into a new starting point and a new era.Crypto Community
Although the chairman of the SEC is very hard-mouthed, he said a lot of this is not good and that it is not good, and he also said that the biggest reason is that Grayscale won the lawsuit, no matter what. The end result

Favourable information expectations that people are most looking forward to have landed, and the market trend is the same as judged yesterday, and there are no surprises. We don't know if there will be another wave of FOMO in the future, but Bitcoin has not had a decent pullback for four months, how far can it go, everyone has their own answer in their hearts, my opinion is: no more brainless rush, wait for a wave of pullback~

Late at night, two pieces of news detonated the market, one is that the SEC said that the ETF passed, and the other is that the chairman of the SEC said that the SEC's official push was hacked, and the ETF still did not pass. It took 15 minutes (5:11-5:26) from passing to not passing, and the Fluctuation of the market was relatively amazing, although the currency price did not move much, but for contract investors, many people's positions were therefore gone.
Thinking from another point of view, this fake news can be regarded as a stress test, before the chairman of the SEC refuted the rumor (

The long-short war around ETFs is still ongoing, and last night's news was that several institutions have submitted applications to the SEC for the registration of BitcoinSpot ETF securities, which is another step in the process of potentially being approved for listing, including Sister Mu's ARK invest. The final deadline for ARK is January 10 (Beijing time should be from the evening of the 10th to the early morning Node of the 11th). Therefore, it is very likely that the official announcement of the landing decision will be made on January 10, and there are still 5 days (4 working days) befo

The ETH Cancun upgrade was launched on the Testnet on January 17 and the Mainnet in mid-March. Commit to drop 90% of the L2 Transaction Cost and Favourable Information the L2 of the small Market Cap
L2:OP ARB MATIC NEAR IMX MNT LRC ZKS OMG

Bitcoin may be at some point in the future, the ETF is officially passed, the world's largest funds bear in, and then rise several times in a single day. For the market in the next few months, I am optimistic about the following directions:
OP I think it is a passive issuance, a bit forced, did not really play the role of Airdrop. arb is the best quality Airdrop demonstration so far, OP is already the 2.0 stage, 1.0 is characterized by less capital and time investment, 2.0 stage capital investment is not large, but time investment is much larger
Only 1.7% of the 100x projects were created late

Today's wave of cottage rebound, everyone has experienced: who is strong and who is weak
The entire L2 sector is resilient, and that's what I've been talking about before
The most eye-catching is ARB, the front OP led the rise for a while, but ARB successfully accelerated and became the "dark horse" of the L2 track
This is why it is necessary to screen the fundamentals, the truly valuable coins will face the difficulties, and each baptism will only deepen their Consensus
At the same time, it will also be favored by investors, and the two-way force will push them to new heights
This is also the

BTC, DOGE, ETH adjustment is no problem at all, and there will be a breakthrough later. From the perspective of mainstream tokens, buying coins gives priority to Bitcoin and Ethereum, DOGE
L2：op、Irc,、imx、matic
lsd:：Ldo、fxs,、ankr、fis、SsV、prl
Metaverse: mana, axS, sand, gala, magic
VR + chain games: high, loka, alice, rndr, agld
Storage: ar, fiL
AI: WLD, AGIX, FET
Public chains: apt, sol, avax, near
web3：gtc、grt、hook、mask
dao: ant, people[haha][haha][haha]

1. The proportion of BTCMarket Cap is at the top of the stage, and the increase in the ETH and other currencies may be greater than BTC, and the strong market of this wave of Bitcoin can be seen as the ETF through the expectation and the BTCHalving market
2. Now is not the big Bull Market, the big Bull Market will not come until 2025, when it is the carnival season of cottages, and there will be a lot of 10 times the coins and 100 times the coins
3. The increase in Bitcoin in 2024 may be less than in 2023, Bitcoin will rise by 160% in 2023, if it rises by 160% in 2024, it will exceed $100,000

Reference standard of 100x Promising Crypto:
1. The fundamentals are good, it belongs to the hot plate, and it is best to be the leader of the plate;
2. Have good narrative ability and ecological sustainable development;
3. The Market Cap is less than 1 billion U, preferably less than 100 million U;
Other than that
1. BTC (Bitcoin): Bitcoin is the leader of Crypto Assets, with scarcity, security, Decentralization and other characteristics. Ranked 1st in the Market Cap.
2. ETH (Ethereum): Ethereum is the leader of the Smart Contract platform, with powerful development functions and comm

Do you think ARB can break through $10?