We, the seasoned investors who study macroeconomics every day, have analyzed the Federal Reserve's policies countless times. The result is always the same: rate cuts bring about the end of favorable conditions, and rate hikes lead to excessive panic and bottom fishing. The favorable news that gets shared is essentially a signal of a market peak as soon as it comes out.
No matter how accurately drawn the K-line of $BTC is, it can't withstand a single large bearish candle from the operators that directly slaps all technical analysis in the face. The more we listen to Powell's speeches, the more easily we get confused by his switching between dovish and hawkish rhetoric.
The funniest part is that we do have enough theoretical knowledge, like Elliott waves and Fibonacci retracements, and can talk about them at length. But when it comes to actual trading, it turns into the classic behavior of chasing highs and cutting losses.
After experiencing several complete bull-bear transitions, we always feel that this time is different, yet the outcome is always the same.
The speed of currency depreciation in Zimbabwe is indeed comparable to our speed of losing money.
I looked at the Falcon Finance project, and it seems to be a new player in the RWA sector.
From a technical perspective, the short-term outlook is bearish, and the MACD is declining, which is very normal in the current market environment. After all, the entire altcoin sector is waiting for Bitcoin to provide a clear direction.
The concept of integrating real assets into RWA was already hyped up last year. Established RWA projects like Ondo and Centrifuge also promoted it under the banner of institutional adoption. However, everyone knows the actual implementation results.
The positive community sentiment is a good thing, but concerns about FDV and liquidity are very realistic. New projects usually have this issue, especially in the current market, which is characterized by stock competition.
I think the key is to see if they can truly address the pain points of the RWA sector, such as compliance and asset transparency. Otherwise, it will just be another project that tells a story, and once the hype is over, it will still drop.
Choosing the right timing to enter RWA projects is very important.
