The direction in which the media guides market expectations often indicates the bets of investors behind the scenes;

The public calls made by institutions are either misleading or traps.

When they place a bet with real money and find a violent period of pricing, that is when investors charge!

 

1. CB’s cry: CB 2024 Outlook

The report highlights the following points:

- Crypto Market Overview
- BTC/ETH market analysis
- Promising future track

 

1. After experiencing a cold winter, the market began to recover. The total actual market value of the entire cryptocurrencies doubled. This can be seen as a clear signal that the market is gradually emerging from the long "cryptocurrency winter". With the rebound of the global M2 money supply, the entire cryptocurrencies are positively correlated with M2. Combined with the expected interest rate cuts by the Federal Reserve in 24 years and the QE brought about by the economic slowdown, the incremental funds in the market will benefit risky assets.

2. The favorable factors at the macro level are mainly concentrated in two points:
First, the weak US economy and the Fed’s interest rate cuts in 2024 will translate into a weakening trend of the US dollar in 2024, which will bring opportunities to risky assets (cryptocurrencies).

Second, in a survey commissioned by Coinbase, 59% of listed companies and institutions are willing to use cryptocurrency as one of their asset allocations in the next three years.

 

3. Potential risks of 24-year encryption:
First, the Mentougou incident, the release of 140,000 BTC.
Second, FTX’s liquidation.

 

4.BTC Analysis
After experiencing three major crypto panic events in the past 23 years (the collapse of FTX, the US debt ceiling showdown, and the collapse of US regional banks), the market finally began to recover after extreme panic.
Three major events in 24 years have brought significant benefits to the market. First, the application of BTC ETF has deepened the narrative of BTC as a value storage. Second, BTC halving has achieved a secondary balance between supply and demand. Third, the liquidity easing brought about by the Fed’s interest rate cut.

5.ETH Analysis
Although the market share has dropped from 20.4% at the beginning of 2023 to the current 17.29%, which has caused concerns about Ethereum innovation, several major events in the future will have a positive impact on the return of ETH's value.
First, the Cancun upgrade in the first quarter.
Second, the EIP-7514 proposal optimizes token economics.
Third, Restaking (security as a service) brings new sources of revenue.

6. Promising track: RWA
The tokenization of physical assets has a large market size, higher efficiency, and cross-regional legal compliance issues. It is generally believed that it will bring a market capacity of 5-10 trillion US dollars. This is a huge opportunity.
Taking U.S. Treasuries as an example, U.S. Treasury bonds in the form of RWA increased sixfold in 2023.

 

7. Good track: GAMEFI
The game market is a naturally broken track, with 2.2 billion game users and players worldwide. The overlay gaming industry is growing at a significant rate. The total potential market size of the gaming industry is US$250 billion and is expected to grow to US$390 billion in the next five years. The growth rate is significant. AAA games in the WEB3 field are springing up, and the future is worth looking forward to.

 

8. Good track: DEPIN
The focus is on DePIN. It emphasizes the potential of blockchain to subvert the existing paradigm in these fields, indicating that blockchain technology will play a core role in the management and allocation of physical resources in the future. It will be more efficient and cost-effective, bringing great optimization space to social resources and allocation.

 

9. Promising track: DID identity + ZK privacy
Privacy and reputation systems are crucial in the transparent blockchain world. Due to the transparency of on-chain behavior, in some key areas, such as finance, medical and other private data fields, we need to protect individual privacy, such as property or patient health data. Through privacy technology, end-to-end encryption is achieved, making data available but invisible, and ultimately optimizing the entire process.

 

10. Promising track: MPC wallet
Existing mnemonic wallets have brought many barriers to entry to the WEB3 market. Improving the user experience of crypto wallets is the gateway to WEB3's access to 1 billion users. We have noticed efforts to enhance user experience in the cryptocurrency space. Developments such as account abstraction and the implementation of "gasless transactions" are considered key advances aimed at making cryptocurrencies accessible.

 

11. Promising track: Validator middleware and customizability
Innovations in validator middleware solutions were discussed, including re-collateralization and DVT. These developments are important for the scalability and security of blockchain networks and indicate the maturity of the underlying technology.

 

My friend, do you know which assets the above-mentioned promising tracks correspond to? Which ones have already been priced at a critical strike?

 

2. The industry's top market maker/VC (Sickle) DWF Labs has publicly expressed its optimism about the following tracks:

Ai

RWA

game

Zero-knowledge proof

infrastructure

Decentralized Finance

Derivatives

 

3. In addition to this, what other top-level institutions’ movements are worth paying attention to?

Paradigm

BinanceLabs

Multicoincap

OKX_Ventures

A16zcrypto

Animocabrands

heSpartanGroup

Hashed_official

 

The following article will continue to systematically output the project research on Crypto 100X from other dimensions.

The above information is for communication and sharing only and is not intended as investment advice.