My perspective is that although the recent hype around BRC20 may not be as intense as the previous round, there are factors that could impact the market. Firstly, in the last round, the overall market conditions were not favorable, and hot funds flowed into BRC20. This time, there might be some new factors at play. Secondly, the blood-sucking effect of Ordi is similar to that of Bitcoin, and the market could improve once this effect subsides. Additionally, the current secondary market is in a relatively good phase, with most funds unwilling to move out.
I anticipate that BRC20 might experience a real breakout in December. During that time, the market may undergo a decent correction, and funds could flow into BRC20. Therefore, seizing the opportunity to get on board with BRC20 this month might be a wise choice.
When it comes to what to buy, I recommend opting for the leading projects with strong community support. Currently, I only endorse ARKB, as it represents the concept of Bitcoin spot ETF, and I have limited knowledge about other projects. In summary, BRC20 is currently in a consensus speculation phase, where the strength of the community will determine who emerges as the leader in this competition.
#etf #ARKB #etcs #pyus #drex
$BTC $ETH $BNB #sats #cats #oxbt #rats #ordi #trac #BTCs #ibtc #lion #SHIB #honk #punk #moon #meme #piza #ords #okex #eyee #fish #oshi #pepe #gold #BAYC #bits #doge #coin #game #GROK #bnbs #foxs #brc20swap #unisat #roup #piin
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