The current bull market has been initiated and is in the first stage. In the first stage, BTC leads the way, with only a few sectors showing effective performance, while altcoins perform poorly due to the market's confidence not being fully restored, as altcoins have trapped positions and major players often wash out funds.

The upcoming second stage is the most critical and has the strongest profit effect. In this stage, the rise of BTC boosts market confidence and capital activity, and due to the explosive sectors in the first stage, most people in the market have not made profits and feel envious, leading to an enhancement of the wealth effect in popular sectors.

Among them, the Meme sector has great potential. Over the past few months, its market performance and profit effect have been the best. The "Meme Super Cycle Theory" has been recognized by the market, and Binance has also strengthened its support.

There are three ways to play with Memes:

1. Meme on exchanges, suitable for large funds or heavy positions, such as PNUT, which is supported by Musk and ranks just below DOGE, unmatched by other Memes. There is also ACT, full name AI Era, which is the first choice for carrying large funds.

2. On-chain quality Memes, selecting quality Memes on-chain, which also have significant potential for growth. If lucky enough to be listed on Binance, it can take off like a rocket. However, if it falls, it can also be very severe, so positions should still be controlled within a manageable range.

3. New Memes, this area requires keeping up with market hotspots in real-time and buying in promptly.

Position strategy operation

We are currently in the progress stage from the first stage market to the second stage market. The standard for fully transitioning to the second stage is for BTC to show several daily-level large bullish candles again, reaching a new level.

However, if we wait for the large bullish candles of BTC before transitioning to altcoins, the prices of altcoins at that time may be relatively high. Therefore, the recommended strategy is to start gradually shifting BTC positions to other altcoins now, moving more into key sectors while taking initial positions in other sectors.