Altcoin declines are divided into four stages
Stage 1: After a continuous rise and a period of volatility by the whale, there is a rapid stretch lasting more than three days, with high volume but no price increase. At this time, so-called experts crazily flaunt their abilities while retail investors rush in. The whale begins to gradually offload their holdings. This rebound saw the majority of altcoins start a comprehensive decline from the 12th of May.
Stage 2: A comprehensive decline begins, but 90% of analysts are still shouting about a crazy bull market, suggesting everyone go all-in to buy the dip, claiming the decline is a great opportunity for low-entry positions. They warn that if you don't buy now, you'll miss out. Meanwhile, the whale continues to offload aggressively. Savvy retail investors begin to take profits during the rebound to manage risks, which lasts from the 12th to the 26th of May.
Stage 3: The vast majority of market analysts no longer dare to call for a crazy bull market. Occasionally, a few may still shout for a crazy bull market, but they lack conviction. At the same time, strong selling pressure begins to appear, or a continuous decline ensues. Many retail investors may realize they are trapped, some waiting to sell during a rebound, while others may cut their losses directly. Each time the market opens, total assets dwindle, and panic sets in from the 26th of May onwards (? Here, a collective market crash will surely occur.)
Stage 4: There are no longer any voices of a bull market in the market; complaints fill the air as retail investors scramble to escape. The majority of altcoins continue to oscillate at low levels, repeatedly testing the bottom. When most altcoins start to decline without following the upward trend, a new round of market activity begins, signaling the time for us to build our positions.

In the first quarter of 2025, if we learn from history, there will be explosive market conditions. These days, many people are likely feeling down, with little significant fluctuation, and the market is in consolidation. Don't worry, 80% of the time in the cryptocurrency sphere is dead time; you only need that 20% of the time to make money! Some things require persistence; as long as your coins are not trash, several times or even ten times can actually be achieved in a short period of time! $ZK $WLD $PEPE

The concept of RWA, I feel that this round of the bull market may just show a glimpse, and in the bear market or the next bull market it will become a real narrative! After all, in my view, ETH is also about to charge forward, and the bull market may end earlier than everyone thinks, perhaps in the first quarter! Many people will have to wait until mid or late 2025! $ETH

Bitcoin has reached 100,000. During this period, the meme market hasn't been great, fundamentally due to liquidity withdrawal leading to capital flowing back to secondary altcoins. Even if a golden meme dog appears, it will rise and then fall back just as quickly. But there's no need to worry; we are in a window period. When liquidity returns, the memes in hand will rise, and it could happen very quickly—potentially gaining as much in a day as secondary altcoins do in half a month. So this part is just a waiting game. This is particularly true for memes with narratives and backing, and good data; those that lack everything will likely just be a fleeting wave, and when liquidity returns, they might only see a dead cat bounce without any further pullback.

Analyzing the current situation, Ethereum (ETH) is lagging behind, but it's normal for ETH not to rise at this time. It will definitely rise eventually. In the last bull market, before Bitcoin (BTC) surged to 64,000, ETH also climbed slowly, and it wasn't until about half a month after BTC reached 64,000 that ETH saw a significant upward trend lasting two to three weeks, reaching its peak. This is what's referred to as the real altcoin season. Therefore, if you're buying memes or secondary altcoins now, it's wise to prioritize those in the ETH series. Large-cap dragon coins like Pepe and Neiro. Altcoins with smaller price increases and medium market caps in DeFi projects can be considered. The hottest ones should be approached cautiously; they are likely to be the first to reach their peaks, possibly even ahead of ETH, as they're already quite close to their peaks. Imagine if ETH rises with two weeks of bullish candles, directly hitting 7,000-10,000; wouldn't the memes on the ETH chain go crazy? This is for sure. I believe Pepe will at least briefly surpass Shiba Inu's market cap. Moreover, with Pepe now listed on Robinhood and Coinbase, a conservative estimate puts it at 40-60 billion USD. If things get crazy, I think it could reach half of Dogecoin's market cap.

Christmas is approaching. I wonder if there will be capital outflows among foreigners for the holiday. Let's observe this node closely. Just in time, BTC has also broken through 100,000, so there may be a pullback. It's highly likely to be the last chance to get on board before the final surge. So if you're buying, it's better to wait for a dip to buy. Otherwise, some people might not be able to handle the pressure.