Here I want to clarify a few certain facts:
First: The bull market may not end until at least the second half of next year, and it may last even longer. BTC could have a long bull market.
Second: On January 20, 2025, Trump will officially take power, and a series of policies favorable to cryptocurrency will be introduced.
Third: The first half of 2025 will still be: a year of interest rate cuts by the Federal Reserve, with large capital outflows benefiting the entire crypto space.
Fourth: The start of a bull market begins six months after the BTC halving, which means it officially starts in November 2024. This is just the beginning! After reading the above points, do you already have a sense of it!!!
So at this time, if you're still fully invested in altcoins, you should be prepared on the following points:
1. Hold onto the leading altcoins you own, continue to hold, don't easily get off the bus. If you get off midway, it will become more difficult to get back on.
2. Hold onto the leading coins of RWA, Depin, BTC ecosystem, and other new tracks in this bull market, continue to hold, as there will still be speculative space when the bull market arrives. The imaginative space is larger.
3. For the tokens held, if they haven't doubled from the bottom after the 8.05 incident, just give up. Please believe: the strong remain strong, and the big brother will always be your big brother.
4. Don't easily fall for FOMO. You need to stay calm at all times and definitely make right-side trades!
ETH is showing strong momentum, is a season of altcoins about to arrive? Which projects will stand out?
The mainline status of Memecoin and AI.
Compared to the past, where Memecoin was simply seen as 'shitty dog speculation', this year's Memecoin is more like DeFi in 2020. Essentially, it is a brand new way of asset issuance, with all infrastructure and services revolving around the asset issuance.
Left-wing approach: Memecoin.
Represents a global opportunity, through Memecoin, the ecosystem can attract broad consensus and traffic.
Right-wing approach: RWA and VCcoin.
More structural opportunities, such as the revival trend of DeFi (driven by Ethena Labs, Sky Ecosystem, and Morpho Labs' 'Axis of Evil') and the business growth of established protocols like Curve and Aave.
Other structural opportunities also include areas such as BTCfi, CeDefi, and Payfi.
ETH's performance is still undervalued. ETH cannot carry the main narrative simultaneously; in comparison with other assets, it trails behind BTC, Solana, and DeFi blue-chip assets.
Public chain track: tracing back to the beginning of 2017, basically in every round of main rising market, public chains have never left the table. Sol, inj, tia, sui, sei, and so on, too many to count. Especially in the past year or two, new public chain projects have been launched on major exchanges like Binance.
Gamefi track: Since 2021, the real gaming mania occurred in the second half of 2021, followed by a brief wave in 2022, with that sneaker project, and from 2023 to early 2024, many gaming projects have indeed gone live on major exchanges like Binance, but the growth has not been as crazy as in 2021. For this wave, I personally feel it is promising, but you need to choose projects wisely. Due to liquidity issues, it might be a bit difficult to achieve that kind of craziness like in 2021, such as pulling a few hundred times.
Potential of Western policy narrative.
The narrative of Trump and Musk during the campaign phase has shown great potential, and there are two key points ahead:
Officially take office (Trump).
Change of SEC Chairman.
In this cycle, ETH and MSTR have taken on the role of the previous round's Grayscale, and more asset allocations from enterprises and sovereign nations will further expand the market size. Compared to 2020, the trend of Western policy long bull will be even stronger in this round.