The data that was just “fresh out of the oven” at 2 a.m. is kind of interesting. DeFi market cap is up by $20 billion, yet the stablecoin growth rate is below 6%. Meanwhile, the prices of $ETH and $SOL are both down by 32%.
When you break the data down, it becomes clear: this rally has not brought in any new money. It’s all about existing capital propping things up. If stablecoins aren’t being issued, there’s no incremental liquidity—what’s rising is the price, not the money. The market action also confirms it: $ETH is lingering around the 2393 level, down 5.86% over the past 24 hours; $SOL is at 98.3, down 5.15%. Profit-taking positions are already running.
Without real backing, rallies like this retrace fast—faster than anyone else. If you want to buy in, wait for the pullback, hang orders in batches once it stabilizes. Don’t chase. And for futures, set your stop-loss—don’t let it “die” without one.
How many days can this行情 last?
Optimists: deduct 1; cautious crowd: deduct 2
#Write2Earn #BinanceSquare #ETH $SOL
When you break the data down, it becomes clear: this rally has not brought in any new money. It’s all about existing capital propping things up. If stablecoins aren’t being issued, there’s no incremental liquidity—what’s rising is the price, not the money. The market action also confirms it: $ETH is lingering around the 2393 level, down 5.86% over the past 24 hours; $SOL is at 98.3, down 5.15%. Profit-taking positions are already running.
Without real backing, rallies like this retrace fast—faster than anyone else. If you want to buy in, wait for the pullback, hang orders in batches once it stabilizes. Don’t chase. And for futures, set your stop-loss—don’t let it “die” without one.
How many days can this行情 last?
Optimists: deduct 1; cautious crowd: deduct 2
#Write2Earn #BinanceSquare #ETH $SOL
