Bitcoin is still in a rather tangled trend at the moment, with the overall range adjustment being 90,000-95,000-100,000. Before Bitcoin leaves this range, it will be a volatile trend, and short-term trading can still try to buy low and sell high. The market was slowly climbing this morning, but it was quickly smashed down in the afternoon. This kind of market is quite common at the end of the year, after all, there are a lot of deliveries at the end of the year, whether it is cashing out for the holidays or company balances. Today is Friday, and there are a lot of option deliveries at 4 pm, so this wave of decline is reasonable and has no significant impact on the trend.
If you are interested, you can look at the market conditions at the end of the year in previous years. They are basically quite tangled. Except for the monotonous upward trend in 2020, other years have been volatile. The real breakthrough trend will not appear until January of the following year, so you don’t need to pay too much attention to the market in the next few days. The market conditions in January next year will definitely not be bad. After all, Trump will take office on January 20, and the currency market may usher in an unprecedented super bull market.
There was some relatively good data last night which may lead to a return of market confidence in the next few days. The Bitcoin ETF lost a total of 1.5 billion US dollars in funds in the four trading days before Christmas. If this capital outflow cannot be stopped and reversed in time, it will be difficult to restore market confidence. Sure enough, the Bitcoin ETF was very powerful last night, with a net inflow of 475 million in a single day. This is also the main reason for the slow upward trend this morning. If the positive capital inflow can continue tonight, then the market sentiment will definitely be pushed up over the weekend. Even if the big cake does not reach 100,000, the performance of the copycat will not be too bad. There may be a weekend market with a general rise in copycats, so it is worth our attention to how the ETF performs tonight.
Then let’s talk about copycats. Although the copycats in the secondary market have not performed well in recent days except for platform coins, the on-chain, especially AI agent, is still booming.
The top few virtual currencies still maintain a FDV of 3.1 billion. Fartcoin and ai16z also have a market value of one billion and are not affected by the market correction at all.
Among the new blue chips, game is being discovered for its value. Previously, it was benchmarked against agents such as aixbt and luna. Now game has switched to benchmarking against ai16z. It has soared 3x in recent days, and its market value is close to aixbt. It feels like the ceiling will be even higher in the future.
Then there are new players in the field emerging one after another. The AI autonomous breeding project Spore has already produced the third generation.
The market value of the second-generation Adam and Eve is basically around 5m, while the third-generation DREAM fdv has directly reached more than 10m. It is said that there are two third-generation projects, DREAM is community-participated, and Squad is an AI automatic gene with no human participation. Now it depends on whether the AI gene is stronger or the human participation is stronger. At present, the community participation is stronger.
squaid has fallen to a market value of 2m; last night there was also a Jin Gou SVMAI, which is the AI version of solscan. It is similar to the fact that if I want to check someone's wallet, I can use AI to analyze it with one click. It comes out on the pump, and the transaction volume is very large, with 50m in 24 hours. It has increased by more than 100 times, but the fdv is only 5m, which can also be paid attention to.
I personally think that the AI agent era will last for a long time, possibly even longer than this round of crypto bull market. This is why I believe that there will be at least 3 AI agents with a market value of 10b in this round.
