I think that although the trend next year will be optimistic, the market will diverge greatly.
The great differentiation means that the big pie Ether, mainstream currencies, and copycats will no longer rise together. The market situation in the second half of this year has already begun to preview, especially in the recent wave of rises. Basically only BTC and some small-market copycats are rising. Even the Ethereum ecosystem is stagflation, and other mainstream currencies and old projects have performed even weaker. .
In the next cycle, there will be a greater influx of funds from high-net-worth clients and institutions, who pay more attention to compliance, security and authenticity. Retail investors are more willing to speculate in projects with small market value and concepts. Institutions will not buy those air coins with relatively large market capitalization, and retail investors are unwilling to touch them. They may be the biggest surprise in 2024.
Therefore, in 2024, there may be an embarrassing situation where no money is made in the bull market. If you step on the wrong project, you may even suffer huge losses. Great differentiation will become one of the main themes of the market in the future.
