Friends who are buying at the bottom and picking up low-priced chips, this wave is awesome! ! ! The brave ones will enjoy it first! !
Yesterday, the United States released the November CPI data, and the results were in line with market expectations. Both the U.S. stock market and the crypto market have ushered in a wave of rebounds. The U.S. stock market has surged, and the Nasdaq has continued to rise, breaking through 20,000 points for the first time, setting a new record high, and the cumulative increase this year has exceeded 33%. Cryptocurrencies have surged, and Bitcoin has returned to 100,000+ again. The two-day bear market has finally ended. Don't get off the bus easily in the bull market cycle. If you get off the bus, you will become fuel for the pull.
After the release of CPI data, the probability of the Federal Reserve cutting interest rates by 25 basis points in December has reached 98.6%. If the Federal Reserve cuts interest rates again this month, it will undoubtedly increase market liquidity and benefit the crypto market. $BTC returns to $100,000, the top US exchange listed squirrel $PNUT, and the platform currency $BGB continues to hit new highs
$ai16z's market value reversed $GOAT and continued to rise, setting off a hype wave. $FARTCOIN and other tokens in the track performed well; on the chain, pay attention to new tokens such as $ARC that focus on AI applications and infrastructure
Firmly bullish! The view that the alt season is coming remains unchanged:
The first stage is sector rotation, and the second stage will select strong sectors (leading sectors)
The summary of the market data is that the dog dealer is cleaning out the copycat contracts this time. The overall amplitude of the big cake and the second cake is less than 10%, and the copycat contracts have basically pulled back by around 20-30%. This round of cleaning out the copycat contracts is very clean!
After the wash-out, the overall market rebounded strongly. Bitcoin regained its footing at $100,000. Ethereum was also breaking through $4,000. The prices of some altcoins rebounded and even broke new highs.
In the secondary market, there is a general rebound in spot prices, so just hold on to your positions. As for currencies, there are too many targets to buy, whether from the perspective of sectors or concepts.
In a bull market, during the general rise, there is no need to change positions too frequently.
It has been said many times during the bull market cycle that every decline is the best opportunity, every decline is giving away money, and every decline is also a good opportunity to examine the copycat market and change positions.
Next, focus on DEFI MEME AI, and also pay attention to the RWA track. I estimate that this track will be very popular next year.
Among the altcoins today, the general increase is around 15%, among which the AI MEME sector rebounded the most, with turbo, act, ai16z, and fartcoin all rising by more than 30%.
Lao Chen said yesterday that he was optimistic about the AI MEME track, and today he showed such a strong performance
This is mainly because the popularity and consensus of this track are very high.
The rise of AI MEME is basically in line with the rhythm of the US stock market. After the market hyped up AI hardware infrastructure, it began to hype up AI software applications.
The logic is similar to that after hyping up Apple’s mobile phone hardware, they start hyping up mobile games and other apps.
I think the AI MEME track will most likely become the mainstream narrative of this bull market. It is also a major trend in the development of global artificial intelligence and may be hyped by capital and retail investors.
In addition, pnut has also risen by more than 30%, mainly because it is listed on Coinbase. The imagination space has been opened up, and we can look forward to its subsequent performance.
It can be seen that recently, MEME coins are more popular on Coinbase, while Binance mainly lists VC coins.
However, the performance of several VC coins on Binance has been poor recently, and retail investors and large funds are unwilling to take over.
With MEME coin being so popular, it is estimated that Binance will soon start listing MEME coin projects again.
You can ambush some MEME coin projects that may be listed on Binance in advance.
The promising track targets include $PNUT, which selects unique concepts, $GOAT $virtual, $ai16z, etc. in the AI MEME track, and $LUCE, a religious mascot.
➜ $PNUT
Lao Chen has mentioned this coin many times and is optimistic about it. It is indeed listed on Coinbase. It is worth paying attention to in the future.
In the long run, $PNUT has the potential to become the leader of the SOL meme, and its political narrative and market popularity support its potential.
➜ $ai16z
ai16z is a decentralized AI trading fund based on the Solana blockchain. As an "AI investment DAO", the core of ai16z is to use AI agents to obtain market information on and off the chain, analyze community consensus, and automatically conduct token transactions.
➜ $HBAR
With the Hashgraph consensus algorithm, Hedera outperforms traditional blockchains, providing faster and more secure transactions. Its ability to process thousands of transactions per second ensures best-in-class efficiency.
Its alliances with major players such as Google, IBM, and Boeing highlight its credibility and future prospects. As enterprise demand for blockchain solutions continues to increase, its high-speed, low-latency network will see wider adoption, increasing the value of HBAR. With this level of innovation and strong support, Hedera has a lot to offer.
➜ $SUI
Sui is a Move-based public chain known for its high-performance transaction processing. Its active strategies include vigorously strengthening DeFi and gaming projects, while introducing the compliant stable currency USDC. Currently, apart from Solana, SUI is the only public chain that is expanding globally.
The characteristics of strong altcoins are that they rebound quickly after a short retracement and continue to be strong. Sui price rebounded quickly after stepping back on the EMA21 moving average and has now reached a new high. It is worth paying attention to in the future
