Where is your money?

Currently, 70% of the positions are in BTC, and part of the funds used for new exchanges are used to hold some exchange tokens for a long time. The exchange will participate in the new exchanges every time, and the yield is positive and the risk is low. The remaining positions are used for some short-term hot projects, such as LTC with halving expectations, and those related to Apple's VR conference, as well as LDO, RPL, and RPL in the LSD track. The overall operation of the market is still relatively stable at this stage, and the positions will be gradually reduced after the end of this upward market. For long-term strategies, half of the BTC positions are built below 20,000, and this part is held for a long time to cross the bull and bear markets.

Where is the money in the market?

The money in the market is mainly concentrated on BTC, and the market share of BTC is constantly increasing. In addition, BTC is related to Nasdaq technology stocks and gold. The bank crash incident has given BTC a new narrative with anti-inflation and anti-recession properties. Other funds and money-making are concentrated in the new coins listed on the exchange. In the bull market, it is necessary to continuously create money-making effects to attract people to continue to participate in the market. For example, the most popular SUI and Binance's EDU in recent times, as well as the newly listed ARB, ID, and RNDT all have a good market. The lack of a general rise in the cottage market is also due to insufficient capital inflows. It can only support hot events and the increase in sectors. The market is divided. Funds for some old currencies have been withdrawn to hot currencies, resulting in speculation on new ones instead of old ones.

Where is the money of the future?

Judging from the scale of financing, the most certain thing in the next bull market is the public chain and layer2. The new public chains include APT and SUI developed based on the MOVE language, and layerzero, which is popular with capital. The public chains that have taken over the computing power of the eliminated graphics cards are ALEO (privacy public chain), KAS (Y God, new consensus protocol), and CFX (domestic public chain). When ETH's low position as the king of public chains could no longer be shaken, the layer2 track was derived, using ETH's own abundant financial advantages to develop itself. In addition, there are many heavyweight projects in layer2 that have not yet issued coins. This expectation can be repeatedly speculated. At present, new concepts and new gameplays, the money-making effect is concentrated on ARB. Ecological projects and ARB itself can be held for a long time. Several second-layer coins based on ZK technology will also attract funds to usher in an explosion. zkSync, StarkWare, and Scroll are all very worth looking forward to. As for where the money will be in the future, I mainly look at the direction of capital speculation and the sectors with higher certainty. In fact, there are many sectors such as LSDFi, derivatives, and AI that are worth looking forward to. They will also attract funds, but they belong to the hot spots of sector rotation concepts. Then you can make arrangements in advance.

There are also two new projects SUI and RDU on the recent hot exchanges.

For SUI, the IEO valuation is 1 billion USD, and the financing cost of SUI in the capital market is about 0.2x, which means a valuation of more than 2 billion USD. I am optimistic about the launch price of SUI at 1-1.2U, and the market value is comparable to APT. At the same time, it can also allow those who participate in IEO to protect their capital first. The key is to gain popularity and create a money-making effect.

The RDU project is quite controversial. It is actually a chain reform project. The Web2 product is doing well and has an annual income of several million US dollars. Launchpad's valuation is based on 50 million US dollars, which is similar to the valuation before Animoca's acquisition, and it is also a good price. In the same education sector, the benchmark HOOK will have a 20-fold return and the price will be around 1U