Although the old mountain stronghold is rebounding, I still do not believe they can bring about a market as magnificent as the previous round;
Every round of ALT SZN has its main narrative for that SZN. Take this round's leading token XRP, for example. I know some veteran XRP holders in the community, and their core logic has now turned into:
XRP is the hero against the SEC, this is sentiment, not 'use case' or 'technology';
XRP's real explosion also came after GG resigned, and the sentiment was thoroughly released, which in itself is MEMES;
What happened after XRP exploded? XRP's MEMES skyrocketed;
Many people think MEME is not sophisticated enough; that is because they are too low-level;
MEME is the upstream of everything;
If you want to short MEME, I can only express my regret and wish you well;
If you believe that 'use cases', 'technology', and great web3 can revive in this cycle, if you think Trump's rise and crypto regulation can realize a non-existent 'use case' scenario's great revival, I think you are very MEME yourself;
Let's return to the profit formula brought by human nature in the trading market that has remained unchanged for a thousand years:
Market makers' distribution = final high position retail accumulation
If you really believe that the previous round's 'practical narrative' and the previous round's 'web3 redoing everything narrative' can still fool enough retail investors in this round, I continue to wish you good luck;