The BTC DEFI project, which has been very popular recently, has been around 2 million yuan. Let me briefly share my thoughts on this project! Actually, I have never been optimistic about the BTC ecosystem doing DEFI, because it is essentially a pseudo demand for the market. The DEFI ecosystem of ETH, BSC and other chains have ample space, and the liquidity of funds in the cryptocurrency circle does not increase. It is meaningless to do more of these applications But theory is theory, and cryptocurrency trading still needs to follow market rules, and short-term market trends are also market trends. The main logic is as follows 1. The new market concept of space virtuality, as long as a little innovation is born now, it will attract on chain capital concentration. No matter how long the story can be told, having a story is already the biggest stimulus to the market, even if it is a story of secondary renovation 2. The BTC ecosystem is a long-term concept, and there is indeed a lot of room for new projects. As long as mature things from other chains are brought over, it is innovation. Whenever the market is in a bear market, there will be a rhythmic movement that causes temporary heat 3. The cost-effectiveness of gambling is high. According to the performance of BTC ecological cycles such as runes in the past, the market value of 2 million yuan for BOUND is indeed low now. It is just a matter of whether this game can be afford. Even if it is not over 100 million yuan, the odds of tens of millions are not small. It is worth betting on small gains and big gains 4. The biggest criticism of DEX in previous BTC ecosystems has been the extremely poor trading experience, with stuttering and unclear display being common phenomena. @ Bound_Sxchange is currently one of the smoother projects we have seen, and the official repair and upgrade are relatively timely. As long as the project team continues to work, there is a possibility of success 5. After observing for two days, the million dollar range of BOUND's plate is relatively stable, and the overall trading volume of the project is on the rise, with occasional upward injection phenomena. It should be that Gouzhuang is hoarding goods, and the project pattern should not be limited to a few million market values A few days ago, the heat was stirred up by many KOLs, but the market value was only two to three million yuan. It is speculated that Gouzhuang is controlling the market. The first stage will clear a wave of early players first, and the second stage will truly take off Overall, the cost-effectiveness of BOUND is quite good at the moment. Either you bet on the big spenders, or you agree to zero. It can only be said that the market liquidity is poor and there is no passion left at all