Although Laoshanzhai is rebounding, I still don't believe they can bring about a spectacular market like the previous round;
Every round of ALT SZN has its main narrative, taking the main leader of this round, XRP, for example. I know some old players in the XRP community who hold the core logic that has now changed to:
XRP is the hero against the SEC, this is emotion, not 'use case' or 'technology';
The real explosion of XRP also happened after GG resigned, when the emotions were completely released, which itself is MEMES;
What happened after the explosion of XRP? The MEMES of XRP soared;
Many people feel that MEME is not sophisticated enough; that is their own low level;
MEME is upstream of everything;
If you want to short MEME, I can only express my regret and wish you well;
If you think 'use case', 'technology', and the great web3 can be revived in this cycle, if you think the rise of Trump and cryptocurrency regulation can bring about a great revival of a non-existent 'use case' scenario, I think you are very MEME yourself;
Returning to the profit formula brought about by human nature in the trading market that hasn't changed for millennia:
The distribution of market makers = the final accumulation of retail investors at high positions
If you really believe that the previous round's 'practical narrative', the previous round's 'web3 redoing everything narrative' can still fool enough retail investors this round, I continue to wish you good luck;
Chasing Green (whoever rises, chase after whoever) is a very dangerous game;
