There will be no 519 or 312 market conditions in the next six months, so you can rest assured! This kind of market conditions basically appear before the start of the bull market or before the end of the bull market! This means that if such extreme market conditions appear, they will only appear around April 2024. It is impossible this year! Absolutely impossible!

In short, the current market is volatile for a long time, but it will not get worse immediately.

OpenAI, which has attracted the most attention from the capital market, is preparing to seek 100 million US dollars in financing for Worldcoin, which is likely to drive a new round of attention from traditional VCs to the crypto industry, and the focus will shift to DID projects. When hoarding coins, you often encounter the situation that "when you have a lot of U, you always want to do something", so in order to eliminate the influence of anti-human nature to a certain extent

You can focus on MASK, ID, ENS and LIT with a light position

I still maintain my previous view that there may still be a large increase in the future. Those who are short or have cleared their positions must build a bottom position at this time. On the one hand, they should not miss the next market trend. On the other hand, they can cover their positions even if the market falls.

Recent positive news - Metaverse sector

Apple's head-mounted display is about to be released soon, so we should pay more attention to it. Maybe the market will follow the hype and set off the concept of the metaverse again, such as the leading companies such as Brndr, High, etc.

Cancun upgrade will stimulate the outbreak of L2 ecology

More than 90% of the transaction costs paid by users in L2 Rollups are due to data storage. After the full implementation of EIP-4844, the transaction fees of L2 will be reduced by an order of magnitude, and the cost of each L2 transaction will be dozens of times cheaper. Therefore, the significance of the Cancun upgrade is no less than that of the Shanghai upgrade. The cost of L2 Rollups has been reduced, even to <$0.001, and this is only the impact brought by the first step of ETH's expansion upgrade. Since the launch of the two Op Rollups, OP and Arb, their TVL and network activity have ranked in the top 4 and top 6 of the entire public chain. With the order of magnitude reduction in fees brought by the Cancun upgrade, it is difficult to imagine how big the space and influence of L2 will be. Lower transaction fees, better transaction experience, and even more application scenarios, the Cancun upgrade will become a turning point for Ethereum L2

In addition to#ETHitself, some friends also asked me which currencies are being ambushed in the Cancun upgrade! I am almost tired of asking!

No.1: L2 leader - Arb and Op These two are the L2s with the largest TVL and users. They have sufficient first-mover advantage and legitimacy, and have a certain ecological moat. They are the core standards of the Cancun upgrade. No.2: Leading applications - GMX, RDNT, Magic, Velo, Snx GMX, RDNT, and Magic are Arb series, Velo, and Snx are op series. They have obtained the support of corresponding L2 respectively. The outbreak of L2 will also drive the outbreak of its ecology. No.3: L2 alternative - Polygon Polygon is a side chain with its own independent consensus. It is not considered L2, but Polygon has several ZK Layer2 solutions, including Polygon ZKEVM. Polygon is equivalent to shifting from the public chain market to embracing ETH L2, and has strong technical strength and market driving force. No.4: zkRollup application projects - LRC, IMX Currently, general zkRollup has not issued coins. LRC and IMX are the sectors that are easier to hype in ZK L2. No.5: Optimism fork - Boba and Metis lack orthodoxy, but the performance is similar, the ecosystem is weak, the odds are high, and it is the last sector of the Cancun upgrade

Wealth Code

My current judgment on Ordi is that after the standard is launched, all major exchanges will list it (including Binance). When the total amount of 21 million coins reaches 100, the market value will be 2.1 billion US dollars, and the market value will be around 30th. With the current popularity, it is still possible to hit the top 30 after listing on the exchange.