Which altcoins are worth paying attention to after the Bitcoin halving?
An old leek who has been fighting in the industry's independent trading system for 8 years, focusing on primary and secondary fresh goods, Heyue, and capturing web3 opportunities!
According to the historical performance after each Bitcoin Bitcoin halving, the cryptocurrency market has officially entered a macro bull market and will continue until mid-2025. This upward process will be gradual as the rotation of cryptocurrency cash intensifies. In addition, compared with the previous period, more investors, including institutional traders, participated in the cryptocurrency market in this bull market cycle under clearer regulatory measures.
MikyBull Crypto on the Altseason Timeline
After the impressive rebound in the first quarter of 2024, the market value of the altcoin industry increased from US$750 billion to about US$1.2 trillion, and more investors began to adjust their portfolios for the next stage. In addition, most altcoins have completed their respective market adjustments and are ready to retest the historical highs (ATH) led by Ethereum (ETH)
Once ETH/BTC rebounds from multi-year lows, the next altcoin season will begin. The weakening upward trend of Bitcoin dominance has driven the rebound in Ethereum prices relative to Bitcoin. In addition, the demand for altcoins remains high amid the high expectations for the spot Ethereum ETF in the United States.
It is worth noting that Hong Kong recently approved spot Bitcoin and Ethereum ETFs, which are expected to start trading at the end of this month.
The strongest sectors are expected to explode in this round of bull market!
1. AI sector: GPT5 is expected to be released in the summer of the year. Attention targets: WLD, RNDR, FET, LPT, ARKM, NFP, JASMY;
2. MEME series, attention targets: DOGE, PEPE, FLOKI, WIF, SATS, AIDOGE, MEME (getting rich overnight must endure a big correction)
3. BTC ecology: the sector emphasized by the Hong Kong Carnival this time, the inscription sector has great potential in the second half of the year according to the current financing situation, attention targets: STX, ORDI, SATS, RATS, PIIN (today's number of on-chain transactions ranked first, and the increase was at the forefront!);
4. Sol ecology: Sol's annual conference is scheduled to be held in September this year, attention targets: SOL, JTO, JUP, PYTH, BOME, BONK;
5. New public chain: attention targets: TIA, APT, SUI, SEI are the leaders among the new public chains;
6. RWA sector: emerging hotspot, Wall Street institutional layout, focus on targets: ONDO, TRU, RSR, POLYX; the RWA field is most likely to produce a track with 100bei, because these people will not easily sell without more than 10bei due to Wall Street background;
7. GameFi sector: focus on targets: IMX, YGG, GALA, XAI, PIEXL, ACE.
8. ENA: As a rare innovation in the stablecoin track, it continues to show strong consensus in the controversy. The new coin can enter the top five in terms of transaction volume, which is really amazing!
Bitcoin is halved every 4 years, and the block reward will be halved from 50 until 2140, when there will be no block reward. Each round of halving will start a bull market, and will refresh the high point of the previous bull market, and then rise by two or three times. Grayscale participated in the last bull market, and this round is passed by ETFs. Grayscale is a younger brother in front of BlackRock and Fidelity's traditional funds. This round of bull market is the strongest since Bitcoin was born. Before the halving, the coin price has hit a new historical high, so in this round of bull market, Bitcoin is expected to rise to 120,000-150,000!
BTC\ETH support and pressure
Big cake support: 66500 Pressure: 63500
Yita support: 3279 Pressure: 3000
4.18 hot news
Hot news during the day:
🪅US stock crypto sector rose before the market, Riot Platform rose nearly 6%
🪅Shiba Inu raised $12 million in token financing for the development of the third layer blockchain
🪅Justin Sun's wallet may have increased its holdings by nearly 300,000 ETH in the past two months
🪅Startup Midas raised $45 million to launch products such as cryptocurrencies
Why are you still losing money in the bull market? When the market rises, it falls timidly. You hit hard, and the bullish ones dare not go up. The ones who sell are all slapping their thighs. After selling, the market rises again. Once the rhythm is wrong, every step is wrong! ! !
