Predicting the upcoming market: --Today, MicroStrategy's stock was included in the Nasdaq 100 index. Once included in the index, it will attract massive funds. Congratulations to MicroStrategy and BTC --Generally optimistic about the Christmas market, Ethereum is expected to reach $5,000 by early next year. Over the past 10 years, cryptocurrencies have risen around Christmas in 8 of those years --The Bank of Japan may maintain interest rates at next week's meeting, no need to worry about negative news --About 2.25 million wallets bought 2.18 million BTC in the range of $94,300 to $100,250, forming significant support --Over the past 30 days, CEX has seen an outflow of 124,000 BTC, a tight supply situation will provide upward momentum, and continuous outflow is favorable --Today, another 50 million USDC has been issued; continuous issuance and buying pressure is beneficial --Everyone is saying that the altcoin season will start in a few days, pay attention to breaking new highs and coins with strong small-scale momentum.

Recently, fans have been asking when the altcoin season will explode since Bitcoin has already risen so much! What trading opportunities do we have? Historically, before the altcoin season occurs during a Bitcoin bull market cycle, there is a simple flow of funds: BTC → ETH → large-cap coins → mid/small-cap coins → almost all coins start to surge → the bull market ends and enters a long bear market stage.

Currently, the logic for the bull market sector has started with DeFi and payment sectors continuously launching. We can see that for two consecutive weeks, AAVE, LDO, CRV, SUSHI, COW, etc., are all on the top gainers list. DeFi and XRP, these payment applications, are gradually rising, followed by RWA, the combination of real-world assets and cryptocurrencies like RSR and ONDO, starting to rise. Then comes the staking and re-staking sectors, led by LDO and ENA. As interest rates decrease, funds flow into Bitcoin, followed by these high-yield and safe large projects, which will gradually rise. Later, major sectors like chain oil and MEME will follow up to conclude.

The good news for Trump taking office is BTC + DeFi + RWA.

Overall market theme overview

图片

Will the market welcome a second wave of DeFi summer after Trump takes office?

After Trump is re-elected as President of the United States, the market generally believes that the U.S. government will adopt a more lenient regulatory policy, especially in the DeFi sector. Yesterday, Chen mentioned that most of the top DeFi projects in the market are built on the Ethereum ecosystem.

The resonant development of Ethereum and DeFi - $UNI: As a representative of the automated market maker (AMM) model, the leading coin in the DeFi market. - $AAVE: Aave is the leading coin in decentralized lending protocols. - $LDO: The leading coin in Ethereum staking. - $ENA: The USDe protocol launched by Ethena Labs provides a stable synthetic dollar for the crypto market, the leading coin in the DeFi stablecoin sector. $hype = decentralized version of FTX + FTT + SOL chain from the last bull market.


King of DeFi, king of on-chain buybacks, king of destruction.


Hype is the only one that matches or exceeds Binance in liquidity and depth. CoinAn needs to immediately acquire some shares or buy coins as a strategic layout. The newly launched Layer-1 blockchain token, which has only been on the market for a week, has performed particularly well.

Emerging concept assets combining AI and blockchain.

-$FET: Leading coin for AI system intelligence.

-$GRT: Provides distributed graph indexing services, a new star in the AI sector.

-$IO: Decentralized artificial intelligence computing and cloud platform AI coin.

-$NMR: Numerai brings AI technology into the prediction market, optimizing trading models through competition.

The rise of on-chain real asset projects.

-$Ondo: Focuses on the tokenization of traditional financial assets, especially the on-chain version of treasury bonds, backed by BlackRock.

-$MKR: Using the decentralized stablecoin DAI to collateralize RWA, combined with DeFi gameplay.

-$PENDLE: This project offers a yield trading protocol, belonging to the innovative model.

图片

Recently, the AI Agent sector has performed particularly well in the altcoin market. Unlike the DeFi narrative of the last bull market, this bull market is likely to be dominated by AI Agents, a sector that cleverly integrates Meme culture and technical applications. Recently, several AI Agent tokens have performed excellently, such as:

$griffain: Shines in the Solana ecosystem, rising 100 times in one week.

$virtual: Market value has exceeded $2.4 billion.

$ai16z: Market value reaches $1 billion.

Sam Altman stated that artificial intelligence will create 'trillions of dollars' in market value.

图片

Next year, OpenAI will make a significant foray into next-generation artificial intelligence systems.
Google has also released Gemini 2.0, clearly positioned as 'AI model for the agentic era'.
They also call 2025 the 'Year of the Agent' because the fields of finance, payments, and data that Agents involve are a perfect match with blockchain.
I think this may trigger a revolution more exciting than DeFi.
AI agents and AI memes will become major trends in the next five years, and many projects could emerge with 50-100 times returns.
The AI Agent sector attracts both technical investors and satisfies the demands of Meme culture players, becoming a 'middle ground' for both. It is expected that at least three projects with market values exceeding ten billion dollars will emerge in this sector in the coming months, and there may even be a challenge to enter the top ten crypto assets.

$goat - Status similar to BTC meme
virtual and ai16z - Status similar to last round's eth and sol
game and ELIZA - Status similar to dex or L2 ecosystems of eth and sol

Currently, the projects in this sector are mainly divided into two categories: one is agent platforms and frameworks, such as virtual; the other is AI meme types, such as goat.

In this bull market, projects in this sector may range from $10 billion to $50 billion.