Historical Bull Market Rotation
At the end of 2020 to the first half of 2021, it was a wild ride, with ETH following Bitcoin's fluctuations upwards. At that time, looking at ETH, it honestly felt like it was underperforming. But later, when BTC was consolidating at a high position, ETH suddenly surged, starting a significant upward trend, and it wasn't until May 19th that both fell together for a washout. During that time, altcoins also showed their prowess, with some platform tokens starting to rise early; later, Meme coins like Doge and SHIB saw astonishing increases; public chain projects like SOL, AVAX, CHR, etc., emerged one after another; and game and metaverse projects like AXS, MANA, SAND also skyrocketed. That was truly a great time to make money!
By the second half of 2021, the situation was somewhat different. BTC and ETH still rose together, but the increases in altcoins were not as uniform. The Meme sector saw SHIB surge tenfold, several projects in the public chain sector also reached new highs, but the game and metaverse sectors did not perform as explosively, and the DEFI sector went completely silent. Throughout 2021, although altcoins generally rose, many sectors began to harvest market liquidity in the second half of the year.
Then came the major upward trend at the end of 2023 and the beginning of 2024. This time, BTC and ETH also rose together, but the increases in altcoins became more interesting. New popular sector projects opened strongly, such as AI, ETH's L2, and LI's modular blockchain, all performing well. Meanwhile, the metaverse's popularity has dissipated. The sectors with the highest gains still rank public chains and Meme coins at the top, followed closely by AI and games.
Looking at the current trend, it is evident that public chains and MEME are still rising. Others seem to be inactive, and now ETH seems to be gaining momentum. Is this the start of a second wave of increases?
Since ETH has kicked off a second wave of increases, considering the broader context, the likelihood of a general altcoin rally across all sectors is very high!
Next, the sectors to watch for speculation should be on Binance. From 2022 to now, the most listed sector projects on Binance are public chains, Meme, L2, games, AI, DEFI, etc.! For other sectors, it still boils down to this: if you want to get rich quick, focus on Meme, L1, games, AI! Binance is the industry barometer! More importantly, the information from the U.S. shows that the increases of DOGE and PNUT say it all! So it's essential to pay attention!
Key points: Public chains, Meme, L2, games, AI, DEFI