01.15 $BTC Historical Market Review

$BTC is currently in a bull market since November 2022, and is now entering the mid-phase of the third wave. The risk-reward ratio of high leverage strategies in the current phase is lower than in the first and second wave phases.

Looking back at this bull market,

The first wave featured $ETH and the L2 narrative

The second wave highlighted three narratives: $SOL $Ordi $wld

The third wave presents the blossoming of $XRP $ADA $DOGE

Throughout it all is #BTC compliance

SOL

123.4

-2.41%

BTC

87,665.86

-1.03%

XRPUSDT

Perp

1.8738

-1.40%