VC and value coins will take revenge!
1. Chip structure. The market has cleaned up the floating chips of VC and value coins. The vision of meme supercycle has made most people start to configure meme and give up value. In addition, after the large-scale market shock of the cottage this week, the funds have completed the shift in the retracement. The next step will be to pull the lightest car and tell the most bubble story;
2. Market narrative. Whether it is the DeFi concept pursued by Trump in the United States, or the capital supported by BlackRock, or the new big players in the web2 circle, they will consider the "safety margin". Time-tested projects that carry a lot of funds are necessary conditions. I don't deny meme supercycle, but the order is very important. In previous bull markets, value came first and meme ended. This time, meme may come first, value is in the middle, and meme ends;
3. Fundamentals, DeFi-TVL will reach the peak of the previous cycle by 30%. This is when Ethereum as the underlying asset has not risen sharply. The active addresses on the Solana chain have also continued to reach new highs. Both the number of players and funds are optimistic. Only then will someone buy it and take over at a high position;
4. Stakeholders, big players want to make money. They will not cut it if they don’t take advantage of the market fomo. Moreover, the statement that "this is the last round of controllable bull market" is not only bought by retail investors, but also by institutions, exchanges, and project parties. This is the most basic game common sense;
5. Making choices against the mainstream of the market is a necessary condition for choosing success, although it is not sufficient. This is the value of the market fud in the past six months: AAVE has a market value of 5.5 billion at the bottom, Eigen has doubled its FDV to 8.6 billion at the bottom, the new RWA leader usual has tripled its FDV to 3 billion in two weeks, and BN MegaDrop and the first phase of the project BB received and paid a 40% drop in one day. You will find that liquidity, market value, old coins and new coins are not a problem in the bull market.
