March 25, 2023 Grandpa checks in

With the popularity of #ARB , zkSync, a public chain that implements L2 through the ZK technical solution, also announced the launch of the mainnet zkSync Era. In addition, Matter Labs' CEO said in an interview that zkSync Era will not launch tokens immediately, and it is expected that the sequencer will be decentralized within a year, which also implies that zkSync will airdrop some tokens to active users. According to Dune data, zkSync's transaction volume exceeded 2 million this week, a record high, and the total amount of ETH/ERC 20 deposited exceeded US$840 million. Those who have a basic understanding of DeFi can go and experience it. Tutorials can be searched on YouTube, Twitter, etc. It is not recommended to try too hard, but to use the on-chain protocol from the perspective of experiencing the product. If there is an airdrop, real users will definitely get rewards.

With the recent waves of myths of getting rich, airdrops have once again come into the public eye, and many people are ready to do something big. I have participated in airdrops to some extent, and there are also studios or Daos around me that specialize in this area. From the perspective of rate of return, it is a direction that can be persisted, because the cost is often limited, but the return is very high. Therefore, if you also want to do airdrops, I think you can do it. Of course, there are some thresholds. My suggestion is to do the most basic interaction, learn slowly (the place to learn is mainly YouTube and Twitter), and use new products from a user's perspective. In this way, you can learn new content and not just do repetitive physical labor, which makes it easier to persist. Of course, many things are about persistence. Don’t look at the current bustle. Within a week, the topic of airdrops in the market will be greatly reduced, and there will be very few people who can persist.

Regarding the market, the market is still fluctuating at the daily level, and there is no new direction. We can understand that it is in an upward relay. Of course, it is necessary to pull the market in one go. At this stage, investors' participation sentiment is not high. If the market fluctuates, the main force may choose to do a downward lure operation before pulling the market. In terms of the general trend, the long arrangement of the moving average system is still there, and it continues to be bullish in the medium and long term. In the short term, if there is a retracement, it is a good time to intervene. From the perspective of the main cost, it is unlikely to retrace significantly to pick up people. In terms of operation, we continue to stick to our 50% spot position. If you have a good sense of the market, you can play some swings.

Let's talk about the hot ARB. Similar hot coins include OP and BLUR. First of all, this kind of hot spot is basically known to the whole network after it comes out. This is very important information, indicating that there is no information gap. The result is that in a relatively short period of time, most people who should buy will buy, and those who should sell will sell. For example, from the beginning of the airdrop to the stage of 80% of the airdrop, the price is showing a downward trend because the people who received the airdrop are selling. Conversely, during the rise, the so-called "value coin" concept will be heard by everyone in a short time, and those who should buy will not be able to help but buy it. If this version is followed, the price trend of ARB will also be rising first and then falling, and violent pull-ups may only occur after sufficient shock washing. At present, 1 knife has a bit of "consensus support". If it falls below, it means that the main force is going to wash the chips, and this can be used as a support level for operation.

Thank you for your attention and likes.