Q4 Market Outlook and Potential Meme Season

I. BTC Performance and Dominance

BTC is dominant in the market, and this dominance (BTC.D) is expected to increase further.

In the short term, if BTC falls, it will be a great opportunity for investors to accumulate high-quality meme tokens.

Because from the market law, BTC's subsequent rebound is likely to be ahead of other assets, so when BTC falls, it is expected to gain profits by deploying meme tokens.

II. Catalysts for Meme Season

ETH is expected to play a key role in the meme season, becoming the main catalyst, and may even become the best performing asset in this cycle.

In addition, SOL and BNB are also expected to achieve breakthrough performance in the market, providing strong support for the development of meme season.

Their good performance is expected to further promote the development of meme-related assets, triggering market attention and investment enthusiasm for the meme sector.

III. Impact of SPX on Cryptocurrencies

SPX's short-term volatility has a limited impact on on-chain memecoins.

However, if the SPX rebounds and reaches new highs, this positive market performance may trigger positive sentiment throughout the market.

Once this optimism spreads, it will also have a certain driving effect on the cryptocurrency market, including the impact on the price of meme tokens.

IV. Macro Trends

After 1-2 weeks of consolidation, BTC has the opportunity to hit the important psychological threshold of $100,000, driven by the rising optimism related to the election and the general belief that BTC is severely undervalued.

This breakthrough will have a significant impact on the entire market and may change the existing market structure.

It is worth noting that the traditional altcoin season is unlikely to reappear. Instead, the meme season will become the core force that dominates the market narrative, affecting the direction of market development and the focus of investors.

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