#ETH走势分析 Trust me, a relatively independent market trend will come.

The funds in the crypto circle are currently divided into two parts: one is on-chain funds, and the other is traditional funds. The characteristic of this cycle is that traditional funds are entering the market at a scale far exceeding that of the previous cycle, which has subsequently created correlation.

On-chain funds are being continuously harvested in this process, up until now...

As the room for on-chain funds to be harvested becomes smaller and smaller, off-chain funds are beginning to leave systematically, moving to the next market with greater profit potential...

If we talk about a landmark event, I think it’s the issuance of the Trump coin. Before this, off-chain funds were in an inflow state. After this, the inflow of off-chain funds gradually decreased...

However, if the crypto market only relies on on-chain funds to gamble, it’s very difficult to reach the current scale. So, everyone is both the object of being harvested and the beneficiary of this process.

If BTC keeps rising along with the US stock market, maintaining a long-term stable high correlation, then I ask you, would you still be trading coins?

The times when prices don’t follow the rise but follow the fall, and when prices follow the rise but not the fall, are the moments when excess profits are generated.