What is the future trend of digital currency in April 2024? Forecast of virtual currency market in April

What will digital currencies look like in April 2024? Is the currency circle predicting a sharp rise in the market in April? Today I would like to share with you some personal investment experiences (CEX only) and analysis of some popular currencies and narratives, including Eigenlayer narrative, BTC ecology, and parallel EVM narrative.

April is the month of Bitcoin halving, and many institutions and digital currency circles are optimistic about the digital asset market in April. Today the editor will share with you a reliable April market analysis article.

TL;DR

• Eigenlayer Narrative, BTC Ecology, Parallel EVM Narrative;
• Currency$PENDLE $CKB $ CANTO $SEI;

1/ In terms of personal investment experience

• I sorted out the positions in the evening and personally think it is necessary to reduce the positions. If there are less than 10 bids, there are so many bids that I can’t really see them. Human energy is limited, and putting limited energy on better targets can achieve better results, because the second level is not as easy to make money as the first level can cast a wide net.
• "I want them all" In the gameplay of CEX coins, buy them all. The return rate of buying yourself into a fund is definitely garbage. It cannot beat the return rate of a few hot spots or high-quality targets with heavy positions. This Based on my own historical experience.
• (If any teachers can use this method to maintain a return rate of more than 200% on their trading positions this month while only having 2 to 3 hours of free time to speculate in coins a day, I hope you can share it. Let’s see how you did it)
• Although everyone will rise in the copycat season, their strength and growth rate are different. For some weak coins, if you watch them rise, they actually can’t outperform the strong ones. When the currency rises, everyone celebrates but the thunder is loud and the rain is small.

2/ Analysis of some popular currencies and narratives screened in positions

Eigenlayer Narrative

• Selection $PENDLE and $ALT.
• PENDLE has played a great role in promoting the entire Restaking track. Each Restaking project has YT PT gameplay and PENDLE to combine the nesting dolls to further increase the yield, so it is an unavoidable target.

BTC Ecology

• Multiple choice question $CKB $ORDI - choose $CKB, cut ORDI and add CKB.
• The reason is that Ordi is no longer confident. Judging from the historical performance, if it falls, it falls harder than anyone else. If it rises, it is a scam. If I buy the bottom at 70, it will fall to 60, and the market will rise. At that time, following the slight rise of BTC, I had previously made a judgment that Inscription ORDI might be a BTC leverage. Now it seems that this is a complete misjudgment and cannot win.
• CKB is actually a relatively suitable currency in the BTC L2 track with a low market capitalization. Compared with $STX, it has a certain cost advantage. Although it is a younger brother who follows Stacks, it is still a stable one. Advantage.

Parallel EVM Narrative

• Parallel EVM I think is a narrative that will definitely be hyped before Monad goes online.
• $CANTO and $SEI are selected.
• In fact, I can have both $SEI and $CANTO. I can leave CANTO there and wait for it to rise. It feels different from the coins in Binance. I can forget about it.
• Both have their own advantages, with two flowers blooming and one branch in each: SEI is considered a banker, and it is considered a strong banker, with a large market value and small space; CANTO feels like it is not a banker, and has always been scattered. The Yezhuang currency has a visual sense, but its market value is small and the space is large. The newly changed narrative track should be launched very quickly.
• If SEI enters the top 20 in market capitalization, then it will consider replacing the overvaluation with the undervaluation, or choose another track target.

In 2024, the prospects of the cryptocurrency industry will be more optimistic for the following reasons:

1. Blockchain infrastructure can Enhanced scalability

In 2023, Ethereum completed the merger, the consensus mechanism changed from PoW to PoS, and the network scalability was improved, but this is obviously not enough to meet market demand. To further improve scalability, developers have created several on-chain and off-chain scalability solutions, including:

• Sidechains (e.g. Gnosis Chain)
• Status Channels (e.g. Raiden network)
• Optimistic rollup (e.g. Optimism)
• ZK rollup (e.g. zkSync)
• Validium chains and shards (e.g. Zkporter root)

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