WuBlockchain Research team's predictions for 2023 Part 2
This article is the author’s personal opinion and does not represent financial advice or WuBlockchain‘s opinion. Written By: GaryMa Market TLDR After a series of crash in crypto, there may be no more big negatives within the crypto industry, and all kinds of cycle indicators have entered the bottom interval; However, on the macro level, the Federal Reserve maintained a high interest rate and the market’s high recession expectation became the potential negative external factors. Combined with both internal and external factors, the market generally believed that there would have a high probability of the last fall to complete the bottoming. In terms of positioning, staying middle of the road may be the best practice for now. Crypto Sector & Narrative Ethereum: This year, with the completion of PoS transition in Ethereum and the rapid advancement of L2 networks, it is foreseeable that the ETH ecosystem will further become the focus of the industry, leaving little time for alt L1s. ● ...