When East Asia is ready to close the Lunar New Year holiday and look at the year of the snake, it should now review the performance of Bitcoin (BTC) and CoinDesk 20 (CD20) (CD20) in “The Year of the Dragon”.
Hong Kong -based brokerage company CLSA The annual tradition is based on the forecast of the lunar cycle, and after some small adjustments, it is suitable for cryptocurrencies, just like to traditional markets.
Looking back last yearThe market wizard is correct. Bitcoin rose 137 %,and Coindesk 20 (CD20)This is the index of tracking the largest digital assets, which increased by 128 % last year. this Thanks for adding dense In November last year, US President Donald Trump was elected, which combines the predictive prediction of stargivers, and then the rally in the second half of the year.
The only field of market predictions What I missed last year was the performance of Ether (ETH)Essence Analysts quoted the Ethereum Exchange Trading Fund (ETF) and Dencun upgrades at the time. Analysts hope that Dragon Energy can ignite the market’s second largest digital assets.
But this failed, and ETH only increases only 35 % In the past year Strive to keep up with the market’s incomeEssence
Now, to the Year of the Snake. CLSA said the market As some unpredictable twists and turns, as the restraint of the assets of traditional and cryptocurrencies.
This year began with cautious optimism, because the modest income of liquidity -driven driving reflects the rough green snake climbing into the trees and became a favorable position.
However, the young volatility is similar to the limit of the hanging snake testing its limit, which has caused a temporary fall in early spring. In the middle of the year, the strong energy of the brown tree snake showed the potential surge and raised the market to the height that has not been seen for a long time.
According to the stars, the stagnation of summer has brought slight setbacks in autumn, but this year ended with new motivation and stable rise, highlighting the toughness and adaptability of cryptocurrencies in the turbulent market.
Of course, CLSA also reminded readers to seek professional advice before investing, not the guidance of stars, and market forecasts based on heavenly guidance are not research reports.
