If you, like me, believe that the ETH/BTC price has bottomed out and is reversing, then there are some things you need to understand (the main line of the second half):
1. Today ETH broke through 2950, and the DEFI sector rose across the board, with funds flowing from BTC to ETH, leading to a sharp drop in BTC.D.
2. ETH/BTC has started to stabilize, which is a trend change, significant in meaning, potentially ending a three-year-long decline in the exchange rate and welcoming a comprehensive strong period for ETH.
Ether is the king of altcoins; only Ether can lead altcoins out of a bull market! Looking back at the recent small bull markets of altcoins, they have all started with the rebound of Ether. Ether is not weak! It just starts slower than Bitcoin! That's all! Brothers holding a bunch of Ether must hold on to their precious Ether, stay steady, don't panic, victory will surely belong to us diamond hands!
3. The market's focus has shifted from inscriptions to MEME, and now it has arrived at DEFI
First of all, Trump's victory in the election is crucial because he has a project launching, which is WLFI. This project can be understood as a DEFI or RWA type. It will help the development and breakout of these sectors in the cryptocurrency circle. Meanwhile, SCR can also be paid attention to, as the coin issued by Trump, WLFI, is built on SCR.
Secondly, the first thing Trump did after being elected was to remove the SEC chairman. Once Gensler, who has suppressed the cryptocurrency circle for many years, is gone, there will be some easing of the things that the SEC previously prohibited, such as institutions buying ETH ETFs for staking to earn profits, and tokens previously recognized as securities by the SEC can openly start distributing dividends. Additionally, some projects currently in lawsuits with the SEC may also be potential beneficiaries.
Overall, the future main line is quite clear, which is the ETH sector + DEFI + RWA sector, all three overlapping to create the strongest potential, such as LDO ENA AAVE, etc. The DEFI of competitive public chains like SOL, SUI, APT is also performing strongly today, and DEX types are all potential dividend coins, like UNI, etc.
Another undercurrent is MEME, but there are many diverse MEME coins being launched, with hotspots emerging one after another. It is relatively difficult to find a golden dog among them, so one can only take it step by step. If you feel that the on-chain PVP difficulty is too high, it might be better to look for some alpha within the major exchanges, as at least the risk of being cut will be lighter, after all, the liquidity of exchanges is continuous.
The reason why RWA is likely to strongly step out of the cryptocurrency circle in this cycle is that on-chain assets link to the real world, forming a closed loop between virtual assets and real assets. This on-chain step must be endorsed by a strong country or government function department. After Trump takes office, this process may accelerate, which is currently the most promising track in the second half of the bull market. The significant rise today is not without reason; perhaps it is just the beginning.
The recent layout of the magic number is about to start!!
Leave a comment and get on board with 168!!
Impermanence brings impermanence brings impermanence!!
