Founder of Folius Ventures: Bitcoin L2 may see an explosion, ORDI, CKB and others may trigger panic buying in the Asian market
Founder of Folius Ventures, MapleLeafCap, tweeted that with the rotation of meme coins sector, we may be on the verge of BTC L2 breakout. The US has STX, China has ORDI, SATS and CKB, and Merlin holds nearly $3 billion TVL which could trigger some panic buying in Asian markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Goldman Sachs Volatility Panic Index surged to 9.57, approaching its maximum value, with the largest single-day increase ranking third in history, and the combined two-day volatility setting a new record. Historical data shows that after this index has exceeded the 9.5 threshold 15 times, the S&P 500 has seen an average three-month gain of 4.6% with a success rate of 80%. However, Goldman Sachs traders warn that forced liquidations have not yet fully cleared, and the market is still searching for a bottom, but opportunities on the other side are becoming increasingly difficult to ignore.
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