Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Given the comprehensive consideration of the multidimensional factors in the current market, Mingwen Circuit faces many challenges in replicating last year's peak scene. However, the significant trend in the recent encryption currency market is worth noting. Bitcoin (BTC, commonly known as 'big cake' in the industry) has successfully broken through the key resistance level of $90,000, and its strong market influence has quickly spread, driving mainstream encryption currency prices to new highs one after another. This phenomenon fully demonstrates the typical rotational effect of the market.
From the perspective of market cycle theory and fund flow logic, there is a subtle dynamic balance of funds between various sectors in the encryption currency market. During the process of sharp rise in the prices of mainstream currencies, their valuations gradually increase, and risks also accumulate. When the prices of mainstream currencies reach a certain high level, some investors with relatively flexible risk preferences, for the purpose of asset allocation rebalancing and seeking new value opportunities, often choose to withdraw some funds from the mainstream currency market.
In the next month, especially around the New Year, as the pressure of profit-taking in the mainstream currency market increases, the possibility of capital outflow is significantly higher. As a unique segment in the encryption currency market, the Inscription Track, due to its unique technical attributes and market positioning, is very likely to become a potential direction for this outflow of funds. The Inscription Track, with its unique technology of carving data on the blockchain, has given encryption assets a new form of value carrying. When the market funds seek new investment targets, it is expected to attract funds and welcome the opportunity for price increase with its unique charm.
#我最看好的加密货币板块