$ETH These past couple of days have indeed been interesting. From a technical perspective, the daily level of support remains relatively solid. The flow of funds is also shifting towards Ethereum, so paying attention at this time is correct.
In fact, Ethereum often has preliminary movements before significant market events. The last wave in October was like this; Ethereum moved first, then drove the entire market. At this position, if it can hold the key resistance, there may indeed be a decent market trend ahead.
However, it's still important to manage positions well. The market changes too quickly; even if the direction is judged correctly, the timing can be difficult to grasp accurately.
The Lorenzo protocol is said to be institutional-level asset management, but are there really institutions using it? Or is it just another beautifully packaged concept?
I've been observing the RWA track for a long time, and there are very few projects that have actually landed. Most are telling stories with traditional finance concepts in Web3, but the actual business volume is dismal.
The current trend of BANK is very typical: the fundamentals are hyped to the sky, but the chip structure and market sentiment do not support it. The community's doubts are rising, indicating that retail investors are starting to wake up.
My judgment is that the Lorenzo protocol may have some substance, but the pricing logic of the BANK token has not been worked out. Where is the transmission mechanism between institutional-level applications and token value? This question needs to be resolved; no matter how good the fundamentals are, they can't support the token price.
Short-term bearishness is correct, but in the long term, we need to see if Lorenzo can truly serve institutional clients.
