Current situation of the secondary market for copycats
The current accumulation structure of altcoins indicates that the increase in this round of market will not disappoint everyone, although it may not be the most exaggerated in history.
The fund-raising cycle has been significantly extended. It used to be about one month, but this time it is generally between 2 and 3 months. Not only that, this round of market conditions has also experienced extreme shake-ups, and the various fluctuations in the past year have been frightening.
For the leading altcoins in each sector, you should actively buy when they fall, and control the leverage below 3 times. From the weekly chart, many currencies are at the bottom. The altcoin season generally rebounds sharply before the end of the rise, and may double several times within a month, similar to the rotation of Ape and dYdX.
If your currency has not yet risen, you must be patient and hold it, and it will eventually rise. Although the Inscription and Telegram ecological currencies seem to be not good, those who have survived have struggled out of difficulties.
Let's sort out the tracks that will definitely explode in this round of bull market:
1. Pie Ecosystem
For the leading ordi, DOG, node monkey, and frog, I personally don’t think you need to worry about whether you can get your money back or not. Getting your money back can never be the basis for selling. You don’t come here to get your money back!
2. Meme track
This round is called the meme super cycle. This name means there is really nothing to hype about. It is time to return to basics. Saying that BTC is the biggest meme is the essence.
If you don’t have the ability to detect on-chain data, when many memes are rushing out, they are often at their peak. Keep an eye on the old memes and wait for them to fall back before doing it. This can make you more money than blindly chasing new memes.
Because the truth in this circle is that those who say they got hundreds or thousands of times more from a certain chain are probably because they got many at the same time. It just happened that one of them came out.
3.Sol chain ecology
SOL is still the king of local dog chains. There is no way. If Ethereum does nothing for a day, SOL will grab its traffic, just like Taobao's traffic was taken away by Duoduo. SOL is pulling too fast, and those who are afraid of heights will go to SOL to buy projects under SOL, such as BONK WIF BOME JUV, etc.
4. Ethereum Ecosystem
It will be late, but it usually comes. Pendle, the leading NFT, BLAST, pepe, TURBO, blur, it seems that these are the ones that are still being worked on in the first half of the year. Other than that, some second-layer op, arb, strk, etc., there is no hope [tears] No one dares to touch these VCs.
As the market enters October, the only thing worth doing is to choose the "dark horse" in the strong sector. This is the only opportunity for ordinary people to overtake on the curve.
Don't follow blindly, don't buy blindly, after 7 months of washing, you must learn to grasp the big and let go of the small
Abandon those opportunities that you don't understand, don't catch those unclear market conditions, forget the myths of getting rich quickly by copycats, and be more down-to-earth.
Find opportunities that you can understand, are confident of, and have the lowest risk, and enter the market decisively
The first pot of gold must be steady, it’s okay if it’s slow
It is getting harder and harder to trade in the cryptocurrency circle without the first pot of gold. There are more and more market conditions that you can’t understand, and the impact of policies is getting bigger and bigger. These are all invisible barriers.
The speed of the cryptocurrency industry's growth is much faster than we imagined. Every technology landing and every policy announcement are accelerating the development of the industry. The myth of getting rich quickly is becoming less and less. Everything is starting to become legal and compliant, and things are moving more and more slowly.
Only by getting used to these invisible changes in advance can we better plan the subsequent routes and clarify the direction.
