Can SOL and the MEME sector still be bought? How should we operate?
This wave of rhythm is very good, seizing the black swan of the stock market crash, predicting the bottom at 49000, fully investing in Trump's election victory.
So for me, there is no need to look for coins that have yet to catch up, because I have always been in a fully invested state with all cheap chips in hand.
I usually layout potential coins in advance during large declines and downturns. Looking for catch-up coins at this time indicates that some positions are in a missed state, which does not conform to my investment strategy.
However, this round of strong pull-up of Bitcoin and mainstream coins has indeed surprised Sister Bei.
My account's market value has also been skyrocketing recently. Because it has risen too fast, some players have missed the boat. The recent significant catch-up of ADA and XRP, as well as the old coin sector starting to catch up today, shows the effectiveness of sector rotation very clearly.
Many people are asking which coins can still catch up. I still adhere to my trading principles; the overall trading strategy is still to buy strong coins when establishing new positions and to keep strong and reduce weak in existing positions. Not emphasizing coins that catch up does not mean these coins won’t rise, but we should invest in those strong sectors and strong coins that the market has already helped you select, to capture the leading sectors and trends. This is the focus, rather than just looking at prices to catch coins that still have room to catch up. What if you catch the wrong one? There are no bigger catch-up opportunities?
This direction must be correct and clear. Let me give you an example from the past two weeks that you can relate to. One of our friends had already positioned himself early on the low with RAY and OM, two skyrocketing coins. His cost for RAY was only 1.6, and for OM only 1.3. However, he couldn't hold back and took profits clearing out near RAY 2.5 and OM 1.8, then went to gamble on Ethereum and SSV.
Now you see, RAY has risen to 6.3, and OM has risen to 4.5. Look at how big the gap is. He regrets not holding on to me all the time. Now he doesn't dare to chase it, missing the opportunity to double in a week. This is the difference between strong and weak coins. So I emphasize again, the overall trading strategy is still to buy strong coins when establishing new positions and to keep strong and reduce weak in existing positions. Strong coins have already been selected for you by the market; let's not be too clever. I hope everyone can truly comprehend this.
This bull market can clearly feel that it is the bull market of meme coins. It is similar to the mainline of the bull market in 2017 being ICO, the mainline of the bull market in 2020 being DEFI, and this year's bull market mainline being the MEME bull market. Especially with the SOL chain, the on-chain capital flow is too large, and almost every day there are a few dirt dogs with dozens or even hundreds of times the increase.
A few days ago, the DEEX trading platform was hacked, involving an amount of around 200 million USD, which shows how hot it is. However, Sister Bei focuses on the secondary market MEME, heavily investing in PEPE, FLOKI, Wif, and BOME. In terms of single coin gains, it may not outperform the on-chain golden dog, but I am a big capital with large positions, so recently the secondary market has exploded, and absolute returns far exceed those of most players trading on-chain dirt dogs without having to stay up all night worrying about the risk of going to zero, comfortably earning compound interest, this is winning through strategic advantage.
In addition, SOL has broken through the adjustment range of 200-225 and started a second explosion, only a few dollars away from the historical high. Currently, SOL chain dirt dogs are very popular, requiring a large amount of SOL.
Moreover, the expectations for the SOL ETF have also started to hype up. The president of Wall Street fund company VanEck ETF stated on the 15th that the possibility of SOL ETF being listed for trading before the end of next year is very high.
So SOL must be the big winner of this bull market. Holding SOL patiently, I believe it can reach 500U in the first quarter. If the ETF passes in March, then 1000U is not a dream.
Similarly, RAY, which directly benefited, saw a significant increase in DEX track fee capture data last week, but Solana's Raydium is far ahead, with an increase of over 300% compared to last week. Uniswap also rose by over 40%, but Raydium is 3.45 times that! Don't be fooled by how popular MEME is; DEX is the certain track. Therefore, betting on dirt dogs is not as good as directly buying RAY, which can also break through 10U to challenge the previous high of 18U, at least having 3 times the room suitable for large positions.
Besides these strong sectors, if I had to recommend sectors that could catch up, I would consider the Ethereum sector and the inscription sector.
Ethereum has favorable news for the Prague upgrade in the first quarter of next year, and the inscription track OKX has also been frequently making moves lately. For these two sectors, it's best to just buy the leaders. This round of Bitcoin hitting new highs has indeed not risen much, the cost performance is also good, but when it will take off cannot be predicted. You need to have enough patience to ambush and be able to overcome the anxiety of seeing other sectors surge.
That's all for today's sharing. I hope everyone can achieve financial freedom together!
