In fact, the surge in 2021 was not that significant; the several-fold or even dozens of times increase was only concentrated in a few specific sectors, mainly new public chains, games, the metaverse, and MEME. DEFI also just had a brief frenzy before it ended. In the second half of the year, DEFI played dead. This is not to say that there were no profit opportunities in DEFI, but the major profit opportunities were in public chains, games, the metaverse, and MEME.

At the beginning of 2023, the major profit opportunities were in public chains, AI, and MEME; PEPE was born around that time. Meanwhile, the metaverse and games slowly cooled down in terms of hype. Of course, there are still profitable segment opportunities.

From the end of 2023 to the beginning of this year, the major profit opportunities were in AI, public chains, and MEME. Remember Wif and Bonk? They were born around that time. DEFI also saw Pendle surge significantly, while others performed mediocrely. At this point, the metaverse is already a thing of the past, and games only had a slight increase.

Currently, we are experiencing this wave. I don't need to say much about it. So, if a major market trend is expected in Q1 next year, the significant increases, without liquidity being injected, will still be in the new and old public chains, AI, and MEME.

Of course, there are also new concept sectors, such as RWA and Depin, AI + MEME, AI + Depin, etc. As for others, there are still segment opportunities. That's about it.