$BTC has fallen sharply, while $ETH has risen instead; $ACT and $PNUT have also stabilized the market, seemingly indicating the official start of the altcoin season?
The market share of BTC is starting to decline, indicating that some liquidity is beginning to flow into altcoins. It's worth noting that Bitcoin's brief adjustment may be giving way to performance opportunities for other coins, especially Ethereum and some altcoins, which are expected to become the new market hotspots.
The overall trend remains positive. The ETF for Bitcoin continues to see inflows, and the interest rate cut cycle is still in place. Not to mention, there is another interest rate cut on the 18th of next month. For spot trading, it's just about picking quality varieties, and simply holding on without too much worry.
How to grasp the rhythm of the bull market?
Positioning ahead in leading sectors: When investing, prioritize projects with clear narratives and solid technology, such as leading public chains and exchange platform coins.
Track the fermentation time of narratives: Fields such as MEME and games usually require some time to ferment. Find the right timing to follow up and avoid chasing after surges.
Pay attention to the rise of emerging sectors: Innovative projects such as BTCFi and RWA, which combine with traditional assets, may become the next rotating hotspots.
Dynamic position management: In a rapidly changing market environment, set take-profit and stop-loss levels reasonably to avoid heavy investment in a single sector.
Although many old coins have soared with the sector rotation, and this time the major coin's pullback didn't significantly affect altcoins. However, the altcoin season has just begun, and these are merely appetizers for now. The altcoin king ETH is starting to recover, exchange rates have just begun to reverse, and ETFs are also starting to see net inflows. When Ethereum begins to rise sharply, altcoins and new coins will start to get excited, so everyone should grasp this rhythm.
You can pay attention to the rebound potential of tokens in the Ethereum ecosystem. After all, the only ETFs in the U.S. are for Bitcoin and Ethereum; the status of 'King of the Ecosystem' remains. The previous FUD has caused significant declines in its ecological tokens, so there will be considerable rebound space when it recovers, such as the leading staked token LDO; second layers OP, ZK, STRK, ARB; domain ENS, etc.
MEME sector: doge, shib, pepe, floki, bonk, pnut
AI sector: agix, wld, fet, ai, nmr
Public chain sector: eth, bnb, sol, matic, ftm, ada, avax, $atom
BTC halving sector: bch, bsv, zec, zen, btg
Gamefi sector: sand, mana, gala, enj, ron, pixel, ace, ilv, magic
➜ $LPT
Transitioning from video to the AI track, with strong market activity and a long period of consolidation, currently in the bottom region.
The AI trend will bring explosive growth potential, and it is also part of the Grayscale series of assets, which Chen believes to be severely undervalued.
➜ $FLOKI
The Valhalla mainnet launch will be postponed to the first quarter of 2025.
In March 2.3, many projects are taking advantage of this timing for positive speculation.
➜ $FTM
A typical strong coin with major holders
Applicable for DeFi, enterprise solutions, and practical applications.
Its Lachesis consensus mechanism ensures fast transaction finality and high throughput, distinguishing it from other platforms.
Fantom focuses on creating a user-friendly and efficient ecosystem, which has been widely adopted in DeFi and other fields.
➜ $SUI
Wall Street institutions are very optimistic about public chains and new coins.
This coin has been mentioned by Chen many times; SUI now resembles early Solana, with many opportunities.
Moreover, the Move language used by SUI is also very impressive, and the technology is very solid. The objective technical reputation of SUI is significantly better than that of APT, with a better experience and evaluation from both ecological users and the developer community.
➜ $GRASS
GRASS is an innovative decentralized network focused on providing a 'data layer' for artificial intelligence (AI) models.
GRASS is the cornerstone of the AI revolution, transforming the internet into a collective resource for AI companies and enabling individuals to benefit from data they would not typically leverage.