BTC has rebounded sharply in the short term, ETH is rising strongly, the market is rallying, and the new token THE is performing brilliantly with a pleasing upward trend.
BTC is approaching the $100,000 mark, USDT and USDC are continuously being issued, and funds are continuously flowing into BTC ETF, especially under the push of MSTR's leverage operation, creating strong market support.
Next, let's clarify several trends of the bull market:
First: The big bull market may not end until at least the second half of next year, and may even last longer. BTC could enter a prolonged bull market (if significant positive news occurs, it will continue, such as massive investments from public companies, and some as strategic reserve funds).
Second: Trump will officially take office on January 20, 2025, and a series of favorable policies for cryptocurrency will be introduced afterward.
Third: The entire first half of 2025 will still be a year of Federal Reserve interest rate cuts, with large funds flowing out, which is favorable for the entire cryptocurrency space.
Fourth: The big bull market will officially start in November 2024, six months after the BTC halving, and this is just the beginning!
After looking at the above points, isn't it clear that the craziest time of this bull market has yet to come!
What should I do with all these altcoins I am holding?
If at this time, all you hold are altcoins without a single BTC or ETH, all are altcoins, what should I do now? This question may be the one most considered by many small retail investors at this stage:
First, it is important to clarify one point: users who are fully invested in altcoins without mainstream coins will definitely not manage their positions, and the most direct result is that they have not made much profit during this round.
So at this time, if you are fully invested in altcoins, you should do the following:
1. Hold onto the leading altcoins you own; do not easily exit the market.
2. Hold onto leading tokens from new sectors such as RWA, Depin, and the BTC ecosystem during this round of the bull market, as there will still be speculation space when the bull market comes. The imagination space is even larger.
3. For the tokens you hold, if they haven't doubled since the 8.05 incident until now from the bottom, just give up. Please believe: the strong will always be strong, the big brother will always be your big brother.
4. Don't easily fall for FOMO; you need to remain calm at all times and definitely do right-side trading.
My position allocation for centralized exchanges is: BTC 60% + ETH 20% + leading altcoins 15% + cash 5%.
Cold wallet: only stored: BTC + ETH.
Let's talk about another explosive piece of news!
Musk has entered the gaming sector, which is beneficial for the entire gaming sector, and there's also a new idea of incorporating AI.
The AI + blockchain gaming sector stands to benefit the most; it hasn't launched yet, so you should pursue it without hesitation, as the probability of a correct bet is still relatively high.
Now let's talk about today's 2000% surge in $THE.
➜ $THE
Since its listing, $THE has accumulated nearly $20 million in revenue, with weekly income reaching as high as $1.2 million.
$THE is the latest version of ve33, optimizing the lock-up mechanism and liquidity distribution strategy, becoming the most promising representative of the ve33 model. Once the flywheel starts turning, $THE will form a dimensionality reduction attack on the BNB Chain, attracting the vast majority of liquidity, similar to how $AERO occupies 80% of TVL on the Base chain. The project team locks up $THE to vote for their own liquidity pool, further enhancing LP rewards, thus promoting positive cycles of token demand and lock-up amounts.
$THE has received investment from the BNB Chain Foundation, which means Binance sees it as a key infrastructure to reconstruct the trading model of the BNB Chain ecosystem. Through the ve33 model, $THE is expected to become the liquidity center of the entire chain, similar to $AERO on the Base chain.
➜ $FIL
$FIL as the leader of the storage sector
Recently, Grayscale publicly disclosed its FIL holdings, and the official X announced that it has started public private placement subscriptions for FIL, and its FIL holdings are still increasing, with a large amount of funds set to enter the market. The cost-effectiveness should still be quite good.
➜ $UNI