The recent decline has sparked quite a bit of speculation and analysis, and news emerged at noon that the U.S. government could sell coins, putting pressure on prices.
According to URPD data, the main reason for early profit-taking was the exit of chips, and the large drop intensified the stop-loss of losing chips. However, there are still many people 'bottom-fishing' in the 92000-94000 range.
Binance BTC fund chart shows a continuous distribution trend, expected to wait for a weekly death cross.
The real reason for the market decline has been confirmed: negative news - 'Silk Road coins flowing into COINBASE', usually such large funds flow through C2C transactions instead of directly entering the secondary market. Currently, most people are still stuck; it's advisable to observe the rebound of Bitcoin and Ethereum. If the rebound is strong, there’s no need to worry; if it’s not strong, it’s recommended to wait for a clear direction before taking action; there’s no need to rush to bottom-fish.
This news reminds me of the previous Mentougou incident, where 140,000 coins frequently announced 'selling today, selling tomorrow' during the bull market, becoming an important signal for market capital operations. In fact, the fear of the unknown is often more serious than the event itself. The news has basically been digested, so there’s no need to worry too much.
Today's market hotspot remains on-chain:
1. XRP rises: The old coin XRP surged due to the CEO meeting with Trump.
2. BNB Chain projects are on pullback; $KOMA, $AICELL, and $ONC are great opportunities to increase positions, with the most eye-catching $ANDY set to write an investment research report.
3. LLM surges: LLM, as an AI Meme project countering AI16z, has KOL Him promoting its alignment with Fartcoin, with a market cap exceeding $100 million within a day.
4. Significant rise in AI projects: Buzz, Pippin, and Sentai performed strongly. Buzz focuses on DeFi and partners with Zerebro to provide infrastructure; Pippin transitioned from Meme coin to framework, experiencing a surge in popularity on GitHub; Sentai was released by IoTex as an AI Depin project, leveraging trending inscriptions.
Looking at the current market, it’s like ice and fire:
1. The bull market of the on-chain P players continues daily; it’s either a big bull or a small bull.
2. The holders of BTC today are in a bull market, tomorrow a bear market, and the day after a monkey market...
3. ETH and most altcoins are: bear market, bear market, potential bull market, bear market, potential bull market, bear market...
Looking at DEX trading volume, it’s climbing year by year, with more and more people shifting from exchanges to on-chain. As secondary market trading becomes more difficult, making money on-chain will become easier; in the future, going on-chain will become a trend.
The popularity of new coins in the AI Agent concept remains high; currently, multiple new coins have market caps exceeding ten million dollars.
LLM:
In just four hours since launch, the trading volume has reached $55 million, with a market cap of $66 million.
The image of this token is similar to 'Large Size AI 16z', inspired by large language models (LLM).
LLM represents a new idea of combining AI and Meme, especially promoting derivative works of AI16z, serving as indirect publicity for AI16z.
Currently, the number of MEME coins surrounding Shaw is gradually increasing, including Black Girl, Good Morning Girl, Baby Girl, and various other versions...
Let's continue discussing MAX, which was recommended by Xiaomiao yesterday.
While it rose slowly during the explosive growth of the AI Agent sector, it didn’t drop when other coins pulled back, and the next day it reached a new high.
Its characteristics are:
There are no market makers driving the price up; it may be driven by the ecosystem.
Following an independent trend, the ecosystem itself drives the rise.
During the big pullback in the AI sector, while other coins dropped 5-10 times, it instead reached a new high, which makes me feel it is exceptional, hence I increased my position.
After further understanding, I am even more confident in this project. The technical aspects are superior to AI16Z VIRTUAL; although the ecosystem is not as good as virtual, the quality is high, and the ecosystem tokens perform excellently, with considerable price increases. Therefore, I view it as a platform token, similar to the logic of VIRTUAL BGB.
Current on-chain market situation: it simply can’t be bought out! Continuing to monitor....
That's all for today's article. We are currently in a bull market, with winds and clouds swirling; we share passwords every day. If you don't know what to do in a bull market, feel free to follow for spot trading passwords and layout strategies, which can be shared for free. Let’s embrace the bull market, increase our win rate, and say goodbye to being stuck at high positions. #DeFAI热点 #市场调整策略
