Recently, many people have been asking me about this coin. I estimate that a significant portion of them are trapped due to chasing high prices and don't know how to operate; another part may think the current price is very attractive but are unsure whether to enter (worried that the MEME narrative has ended). So, let me share my judgment on this coin, but this is not investment advice.

1. Is the overall bull market in the cryptocurrency space coming to an end or just beginning?

I judge that we are currently in the early stage of a bull market, and the cryptocurrency market has just experienced a sharp rise in Bitcoin; now, funds are flowing from Bitcoin to altcoins.

2. Is the overall MEME phase over?

I believe that coins like $ACT, $NEIRO, $PNUT, etc., are no longer suitable to be called #memecoin. I have given them a new name: "On-chain New Assets". This is different from the wealth creation of past meme coins like DOGE, SHIB, PEPE, etc.; the characteristics of these new assets are long-lasting, capable of creating wealth in bulk, and leading the market trends, which have the potential to become the engines of the bull market.

3. Single coin analysis of ACT?

On-chain new assets can be roughly divided into three tracks: Art, Zoo, AIMEME. ACT is the only coin in the AIMEME track that has been listed on BN spot. Compared to the other two tracks, I believe the story, sustainability, and ceiling of the AIMEME track are higher, as AI is currently the mainstream in the global financial and tech circles.

4. #ACT Technical Analysis

The K-line of a coin in the primary market should be ignored after it goes to the secondary market; because the sources of participating funds and their volumes are different, as well as the composition of the trading participants. We only need to focus on the K-line of ACT after it goes to BN.

0.382---0.618 slightly below is my accumulation area. I personally adopt a combination of left and right strategies for accumulation. Moving downwards is the left side, and after reaching the bottom, buying again after establishing a bottom structure is the right side.

Be careful not to imagine that the black line or 0.618 is the bottom; it is possible that this is the bottom now, and the black line may not stop it. Focus on strategy rather than price points, and build positions that you can hold onto.