I believe that NEIRO, PNUT, and ACT are very likely to become one of the engines of this bull market. Here are a few points of judgment:
1. From the market performance perspective: The overall on-chain sector has traversed both bear and bull markets. From March to October 2024, Bitcoin was in a chaotic oscillation state, causing significant damage, while secondary altcoins remained dormant, entering a deep bear market. During this period, the only thing that was booming was on-chain assets. Typically, the hottest sectors in a bull market are those that performed well in a bear market.
2. From the essence of the cryptocurrency world: I have long stated that the core essence of the cryptocurrency world is a 24-hour operating casino. So, what is the most attractive label of a casino? Luck turns, a coin changes destiny! In the cryptocurrency world, what kind of assets have such imagination? The answer is new on-chain assets!
3. From the perspective of capital selection analysis: New, low market cap, no locked positions, and high popularity are the characteristics of "new on-chain assets." Whether you are big or small capital, as long as you are new to the cryptocurrency market, will you buy those old assets with countless locked positions above, or will you buy this new asset? The answer is obvious.
4. The significance of listing on Binance Spot: The new on-chain assets listed on Binance Spot also endorse how to accommodate large funds. Our choices are actually not many.
The bull market does not depend on accuracy, but on ambiguity; it does not depend on operations, but on choices. Why do most people lose money in a bull market? Because the emotion of a bull market is FOMO, it is the chaos that dazzles the eyes, and there are daily myths of getting rich. In such a restless environment, most people find it very difficult to stay true to themselves. In a bull market, we need to do subtraction and let go! Will coins like FIL, EOS, and ARB have a major upward trend? Maybe! But my choice is to take a wave and run.
Focus most of the energy on capturing the main line and a small portion of energy on the support line. Even if we are wrong, we will not miss the overall BETA returns of the bull market; but if we are right, what we gain is the script for success.