BTC continues to follow the 30-day moving average upward, basically flat with the moving average at 98.9k. BTC's 10W breakout failed, forming a double top. The soft support is around 95,500, and the strong support is near the M head and neck line at 93,000. 100,000 is not a major barrier, but this range is a significant hurdle. There has already been considerable volume in this range, which is not a good situation. We are waiting to see when it will enter a real stabilization period!
The market's attention has now become clear. Institutional and state actions lead the Bitcoin bull, the US president and related ETFs drive the DeFi bull, the on-chain strong narrative leads the meme bull, and the on-chain strong narrative leads the AI bull, along with other altcoins. We only need to focus on two or three sectors to outperform most altcoins. Platform coins BGB and GT have surged in the past few days. It is impossible to buy every coin or capture the gains of all coins, so the best strategy is to hold valuable coins long-term; only time will allow you to enjoy the benefits of the trend. DeSci is a track in this bull market cycle that has not exploded, and it is also driven by MEME, being one of the directions with valuable landing. The chart below distinguishes the priority of potential based on market capitalization, number of holders, liquidity, resources, and vertical narratives. Currently, apart from BIO, URO shows a trend of becoming a new leader on-chain. If BIO goes live, it will bring the DeSci wind, and pre-market trading of BIO has started. Currently, everyone is optimistic about a market cap of 1u. A bunch of DAOs has begun to announce that there will be $BIO airdrops, including but not limited to $VITA, $URO, $RIF, etc. The projects in the chart will give birth to targets with dozens of times the value; interested students can study them in depth. The DeSci track will continue to be hyped next year.
After the selective choices of Musk, the president, and Grayscale, now it's Korea's turn to select. Altcoins on CEX are eyeing Upbit's trading volume for speculation, including UXLINK, MOCA, etc. The Korean market has always been a major force during bull markets, with about 30% of people embracing crypto, which is quite alarming. The on-chain altcoin bull around AI agents continues to ferment around asset issuance. This round's leading AI projects like AI16Z VIRTUAL, along with related ecological assets such as Virtual's aixbt game luna, are quite popular in the market. Moreover, these are not just pure concepts; users can perceive and experience them. Therefore, market capitalization will continue to rise. The altcoin season is unfolding, and currently, on-chain funds are exceptionally active, especially in the AI track. After the AI track, attention will return to memes. If you cut losses at the bottom and chase AI at high positions, you may completely miss out. Therefore, timing is crucial in a bull market. Fixed positions + liquid positions create an unbeatable configuration.