ETH breaks through the 4000 mark, and the current rise is dominated by DEFI as well as Layer 1 and Layer 2 related coins. The two new coins launched yesterday also belong to the defi sector. Additionally, since the news of Trump’s appointment came out the day before yesterday, dydx has soared, and crv, aave, yfi, and others have also performed well.
The AI craze only lasted for a day, and the strong rally of inscriptions also lasted just a day. Chain oil has been consolidating for several days; we’ll see if it will explode again in the next couple of days. The meme sector seems to need to wait a bit longer.
To make money, one must hold onto a few major sector coins and not frequently change them. Looking back, coins in staking, defi, and chain oil sectors have seen increases of three to five times, but most retail investors have not made that much profit. Do not chase those sectors that have already experienced FOMO, but rather focus on those that are about to rise. Just like trying to chase those old coins a few days ago, such as Dogecoin, XRP, ADA, etc., after rising too much, they may correct for a while before continuing to rise since no coin can keep rising indefinitely.