This week's Bitcoin market trend analysis
1. My personal view is still relatively optimistic, and I continue to remain bullish for the long term. This is because more favorable news for Bitcoin is expected in January, such as Trump's return to power. Recently, it seems that the market is waiting to see the CPI on the 11th, but in fact, the probability of a rate cut on the 18th is 1000%. The divergence indicates that prices will still rise; when everyone starts to FOMO, that’s when it will truly end. We rise in skepticism and die in frenzy.
2. The project team initially launched on Binance, which basically means it has reached its peak, so many coins that haven’t been listed on Binance are actually rising all the way.
3. If Binance doesn't list meme spot trading recently, it proves that CZ is still in control.
4. Binance has already listed many VC coins; adding more meme coins during the meme cycle is not a big deal. Just look at how many VC coins are on Coin A. Niero was previously criticized for Coin A, but it transformed its reputation through Niero. Only listing meme coins will definitely make the market feel stale, but I worry that after one comment from CZ, they might not dare to list meme coins anymore.
5. RUNE is quietly rising, and DOG has a significant trading volume because the on-chain trading volume is real. It hasn’t been listed on T1 exchanges, fully circulated, and approaching 1B is truly impressive.