Bitcoin hits a new all-time high!

The crazy bull is back! After a brief pause, the cryptocurrency rally triggered by Trump's victory in the US election regained momentum last night with the release of CPI. Bitcoin broke through the important mark of $90,000, and then soared wildly, setting a new record high again, reaching the highest point of $93,000. At the time of writing, it has fallen back and is now quoted at $91,084.

The market in November can be said to be a perfect interpretation of what it means: the more you fear something, the more it will come.

Bitcoin has reached a record high and has reached a price that is truly out of reach, but there has been no general rise in the copycat market. However, the good news is that the rhythm of sector rotation has not stopped and has continued to ferment. The meme series has also successfully gone viral and caught this wave of traffic. However, it is obvious that inscriptions have gradually withdrawn from the stage of history, and this wave has not exploded like at the beginning of the year. This is the power of the trend. If you step on the right rhythm, the currency circle is really a place to make money, which is really enviable.

For retail investors who don’t own Bitcoin, if you don’t hold Meme recently, especially on-chain Meme, you may not even feel that this is a bull market. This can be said to be the best overview of the current market conditions.

Right now, this is a bull market feast for Meme players

With the release of a series of positive news about cryptocurrencies, such as Trump's victory, the Federal Reserve's interest rate cut, and Musk's participation in the House of Representatives meeting on Trump's side, the price of BTC continued to break historical highs, but it did not usher in a "hundred flowers blooming" alt season. As a result, the sentiment in the community has also become clearly polarized. It can be said that "holding popular Meme coins makes people smile, while holding VC coins makes people cry."

DOGE's weekly increase was nearly 100% and its trading volume exceeded BTC; Upbit will add PEPE Korean won trading pairs; PNUT broke through 2.2 USDT to set a new high; its market value exceeded 2 billion US dollars. These phenomena also indirectly reflect the market's enthusiasm for Meme coins.

Among the top 100 cryptocurrencies by market value, the total market value of MEME coins has reached 110 billion US dollars, of which DOGE and SHIB account for 70% and the other 11 account for 30%. This is also in line with the saying: value investment is nothing, all in MEME coins live in the palace.

The combined market value of these MEME coins exceeds that of SOL. Is this a good thing or a bad thing? Will the overall market value increase by 5 times and exceed that of ETH if PVP continues? Or will DOGE completely kill SOL in this cycle?

Although the overall market is so strong, Bitcoin's market share has not changed much. To shake this share, Ethereum and competing coins need to take off together, not just MEME coins. So strictly speaking, it is not the peak season for competing coins, but just a MEME feast~

Currently, the king of altcoins, ETH, has not shown any signs of strength, so a truly universal rise may still take some time. I hope Vitalik can get stronger sooner!


Meme super cycle, how to choose MEME coin?

1. Understand what are the current hot narratives and hot coins

First, pay attention to the OGs who specialize in MEME in overseas and Chinese regions, make a list, and prioritize them. Don't be lazy at this time. If you want to have a high probability of making money and a low probability of losing money, just play like this. Diligence can make you gold.

2. Differentiate narratives and capture hot coins in the market

Hot coins are also prioritized: like Neiro, GOAT, BAN, LUCE, PNUT, ACT, etc., these well-known hot coins have one thing in common, that is, they are new in concept, the first in focus, the narrative is sufficient, and the expectations are large enough.

For example, Neiro is the name given to the new dog adopted by doge's owner, so the expectations are high, benchmarked against DOGE. Another example is GOAT, which is the first coin generated by AI robot chatting. PNUT is even more awesome, Musk said, and it is said to be the driving force of the United States, so the expected BUFF is full.

BAN was also promoted by the boss of Soubirate, and the chips were destroyed. Soubirate is the world's top auction house, and its clients are all powerful people, so it is inevitable to hype it up by taking advantage of the RWA narrative.

Then there are the goose Daram, Mars City, hippopotamus, DOGGO, hedgehog, and raccoon FRED.

Core point: related coins with weak narrative weight and hot leading stocks. For us, the opportunity to make money lies in: collecting all these hot coins with market consensus, and allocating positions according to the priority logic of coins and narratives.

As for specific operations: of course, "controlling positions" and "doubling the investment" are both good and relatively safe practical strategies.

And if you can't beat it, you have to join it and follow the trend. This is inevitable, and you can't do it in the opposite direction! At the same time, follow the track of sector rotation and switch to the return that belongs to your own cognition, and then you can put the money in your pocket!

In addition, if you want to hold Meme and have the ability to make money continuously, you must first accept the idea that "selling flies will always make money" and not be affected by the myths of getting rich quickly in social media, which may affect your mood or even make you anxious.

I would also like to remind everyone that if you hold a dream of a hundred times, you will also bear a hundred times the loss! Risk and return must be proportional! There is a lot of information about how much this person made on meme, and how many times that person made. Remember, this is called news! In this wave of rotation, just get what belongs to you. At the same time, meme still has a chance, and the volume has only hit one wave!

In summary, although the prices of many altcoins are still weak, BTC has continued to set new historical highs in the past two weeks, breaking through $93,000 this morning, and the bull market continues. This is also a good time to embrace Meme coins and currently popular concept altcoins. Believe in the rhythm of the rotation of sectors, but also maintain a good attitude, reject FOMO, and beware of risks.