ChainCatcher news, Placeholder partner Chris Burniske posted on social media that the pullback in this bull market is indeed different from previous ones. BTC has hardly dropped and may drop even more, while many altcoins are in deep trouble, with prices returning to bear market lows. But pain will trigger problems, and difficult problems will bring good answers and changes.It is expected that many altcoins with "protocol profitability" will begin to seek token buyback programs or other ways to return these funds to holders, as a resistance and distinction against Meme coins.

ChainCatcher message, Placeholder partner Chris Burniske posted on X: "Private stablecoin trading will unlock a new level of the game. If you want a less sexy full description, you could call it 'private, low-cost, legal.' But in any case, this already has everything a good, private stablecoin trade should have."

ChainCatcher message, Placeholder partner Chris Burniske posted on social media that Bitcoin, Ethereum, and Solana have shown strong performance across various time periods and are expected to soon welcome a new round of increases. He also noted that the active performance of Meme coins in recent weeks, similar to the previous bull market, has become an important indicator of increased market risk appetite.

ChainCatcher message, Placeholder partner Chris Burniske posted on X: "Whether you believe the GOAT was produced by a machine or not, this marks the beginning of people and machines realizing the extent to which machines will utilize blockchain."Former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, replied: "Exactly, this showcases the power of future autonomous generative AI."

ChainCatcher news, former Ark Invest crypto head and current Placeholder VC partner Chris Burniske stated on social media: "Although BTC and ETH are in a consolidation phase, the market sentiment feels as if Satoshi has passed away, the long-tail market is showing strong signs. At the same time, blockchain technology is gradually integrating into various aspects of society, even though for those who are impatient, all this progress seems too slow. But I have no doubt that the future is bright.Mainstream coins are still in the same range as the first quarter of 2024, infrastructure continues to mature, and application experiments are expanding (both in variety and geographical scope), but market sentiment is completely opposite to the first quarter—it's absolutely wonderful. What's wrong with that? Don't be scared."

ChainCatcher news, former ARK Invest crypto head and current Placeholder VC partner Chris Burniske posted on the X platform: "I am open to the view of Mechanism Capital co-founder and partner Andrew Kang that Bitcoin's price will either reach a new all-time high in March or return to the range low. If it breaks a new high------ nothing to do; if it returns to the range low------ perhaps buy more."

ChainCatcher news, Placeholder partner Chris Burniske posted on social media, "While 2019 provides useful context, I don't believe BTC, ETH, and SOL will hit new lows in '23. In my view, 2022 was the bottom. This doesn't mean we won't face setbacks, but if I'm right, it means a long-term uptrend will continue into '24 and '25. Be wary of those bottom feeders who will never buy in."