Let’s talk about the big market first. Bitcoin has ended its unilateral rise since it continued to reach new highs of 73,777, and has undergone a correction of more than 13,000 dollars. The magnitude is still quite large. I know that many friends are quite panicked. ! Don’t panic. At present, this is just a normal retracement of an excessive rise. There are no pessimistic expectations about whether the market will fail or how deep the market will fall. The market made a second exploration on the 20th. The action has not broken the previous low, and the signs of stopping the decline are relatively obvious. It is expected that it will continue to hit new highs after the shock. It is estimated that the two positions it may reach are the 75620 and 80120 lines. Even from a very cautious point of view, as long as Bitcoin holds the dividing line of 61,000, we can all be optimistic about the upside. At this stage, there is no need to scare yourself, just hold on to the chips in your hand. In fact, looking at most of the altcoins, there are buy signals indicating the end of the adjustment. I personally judge that the performance of the altcoins in the next week will be relatively good, and the profit-making effect will be better.
Now everyone should be very concerned about one question: what stage is the current market in, how will it go in the future, and how long it can go. In fact, this wave of market conditions is different from most of the market conditions we have experienced before. It is fragmented and can also be called a structural or partial bull market. Bitcoin has basically entered the middle stage of the bull market, but most currencies are still in the early stages of the bull market! When we look at the mainstream coins, many of them are in a half-dead state. The pie is reaching new highs and new highs. Ada, Lite and the like are still lying at the bottom. Looking at altcoins, it is a completely divided situation, with some new concepts, new narratives and communities. Currencies with strong consensus have experienced huge increases, while most currencies have only followed the average increase of Bitcoin, without the huge profit-making effect of a bull market. This shows that the funds in the current market are still not that sufficient. The bullish trend of Bitcoin has allowed the main funds of many currencies to move upward, but that is all. The core logic lies in the explosion of Bitcoin this time. It is inseparable from ETFs. The main players know it well. The market seems to have as much money as it flows into every day. Unfortunately, it belongs to the big pie. This path is relatively closed, and the amount of spillover is extremely limited, and the market needs funds to drive it. , which has led to the delay in the arrival of the copycat season. I predict that this situation will continue for a long time. Where is the turning point? Cut interest rates and release water! The Federal Reserve has stated that it will cut interest rates three times this year, but it has not yet made clear when the time window for interest rate cuts will open. Only when the flood of real interest rate cuts floods the copycats will the whole take off! But one thing that needs special attention is that interest rate cuts are a means to solve problems, so problems must have arisen, endangering economic stability or potential danger signals will appear, before the interest rate cut strategy will be used. Just like the epidemic in 2020, right, this time it may be a bank thunderstorm or some other event that prompted him to start cutting interest rates. Therefore, from the day when the policy is finalized to when the money printing machine is actually started to flood the vacuum zone, it is the time when various safe-haven funds are most likely to flee, and various assets will face greater shocks and fluctuations. In addition, Bitcoin has not made any major moves to clean up leverage. The two phases are superimposed. This time is the node most prone to a major correction. Everyone must be very careful about the risk of a major correction in the market!
Next, let’s talk about the bull market layout and promising currencies.
Friends who have experienced it all know that in every bull market there will be several main lines that are repeatedly speculated. Coupled with the rotation of other hot sectors, the high-quality currencies in these main lines will have the highest increase in speculation. 13 years is too long and relatively niche. The main hype at that time was the narrative related to the POW currency model. The industry in 17 years was relatively single because the market capacity was still relatively small at that time. The main line of speculation was ICO. In 2021, the The waves are relatively rich. I don’t know if you have any impressions. There are at least three or four major lines, defi, NFT, public chains, and chain games. There are many high-multiply currencies in them! I think we should pay attention to at least three main lines in the copycat season after this round of releases. Let’s talk about them separately!
The first is AI. This line is the narrative line that started this bull market. It is also the line closest to the hot spots in the U.S. financial market. After the Bitcoin ETF, Wall Street is currently basically controlling the market, and the U.S. stockization of the crypto market is a high probability direction. What is hottest in the U.S. financial market is definitely AI. Apple has given up on building cars and fully embraced the AI track, right? So this track is the closest to the hot spot and the easiest track to break a lap on! With so many talented people working on AI, the development speed of AI is definitely doubling. Every new breakthrough and new progress will be the fuse that ignites the enthusiasm for tokens related to the encryption market. Therefore, to capture high-multiplier currencies, the AI track is the first to bear the brunt. The only shortcoming now is that it has risen too much in the short term. In terms of selection, we have to choose some stocks with smaller market capitalizations so that the potential is high enough.
In terms of specific currencies: arkm, this is a project that the co-founder of OpenAI participated in, and it is also a Binance IEO. The background is very strong, and it is a useful project. In the vernacular, what he does is a similar task publishing and matching platform. Arkham mainly consists of two major components: blockchain analysis tools and intelligence trading market. The analysis tools provide users with comprehensive data insights through entity pages, token pages, network mapping, etc. Arkham uses its self-developed artificial intelligence engine Ultra to de-anonymize blockchain data and match addresses with real-world entities through algorithms. The intelligence trading market allows users to buy and sell information through bounties, auctions, and data sharing. Arkham maintains the long-term operation of the platform by charging a certain fee, and the test website has more than 200,000 registered users! The current market value is not high, but the future potential is great.
Wld, everyone should be familiar with Worldcoin. It mainly has celebrity effect and strong control over the market. The platform of Openai boss Ultraman is a bit like the meme currency in the AI track. Worldcoin mainly involves two areas: identity authentication and the issuance of digital currency. , identity authentication is the iris scan code, and the issuance of digital currency means that you can receive coins regularly after scanning the code. OpenAI has considered that in the future it will be artificial intelligence, and a large number of people will be unemployed, so now we are taking precautions and making a minimum living allowance plan for everyone. . It sounds great, but it’s actually quite difficult to implement! Although there is no practical use yet, if Ultraman's reputation can surpass Musk, WLD may have a chance to reach the market value of DOGE. However, its high unit price limits its potential as a top meme coin to a certain extent. If the price of Worldcoin is more affordable, or a split is made in the later stage, it will undoubtedly greatly increase its appeal as a top meme coin. As a top figure in the AI field, Sam Altman's every relevant public speech or major event in the AI field will have a significant impact on the Worldcoin market, so he is also a very good target in the AI track.
There are others, such as ai, rndr, nfp, xai, tao, and agix, which are all high-potential varieties worth investing in.
Ai is a middleware, and many things can be combined with it to bring about a second spring in shipments. By extension, we must mention another track, depin. This track is also very popular these days! This track is actually a track where old wine is put into new bottles. I don’t know if Old Leek still remembers the historical products of Wanke Cloud and Traffic Box. In the final analysis, the underlying logic of depin is similar to them. To put it simply, the concept of DePIN requires traditional CePIN servers, sensors, communication networks and other physical infrastructure networks to rely on centralized computing cluster services such as AWS and Alibaba Cloud. The investment cost is too high for many small and medium-sized enterprises.
DePIN uses blockchain Token incentives to allow some users with "hardware devices" to establish large-scale collaboration relationships with physical devices to form an infrastructure network with service capabilities, allowing some small and medium-sized enterprises to be accessible and cost-effective. How to use network resources
Sound familiar? This is similar to FileCoin and Chia, but this time the track is a bit interesting with the addition of the AI concept. To put it simply, it is also about coordinating traffic. If AI is added to participate, the compatibility will be greatly enhanced and the possibility of implementation will be much smoother! In fact, investment institutions and entrepreneurs have always been laying out the DePIN track. However, the market environment in early 2023 is not suitable, and the new paradigm of DePIN is still being explored, so new DePIN projects are rarely launched. By the end of 2023, whether it was the improvement of the market environment or the exploration and accumulation of entrepreneurs, many projects gradually took shape from the initial concepts, and then began to be launched on the market one after another, and the subsequent actions were captured by the market. At this time, DePIN was in the technology It has quickly occupied an important position in a market with weak innovation. Because there are many institutions gathered together, this should be a track that will be frequently paid attention to by funds in the future, and it should be focused on!
Currency: iotx is an old coin. The old concept of the Internet of Things is now in the spotlight again. The king-level project icp has strong financial strength and a good understanding of distributed computing concepts.
Hive folders
Honey is a map tool platform built on Solana. In April 2022, it received US$18 million in financing from Multicoin Capital, Solana founders and others. Users purchase Hivemapper's driving recorder, accumulate data while driving, and upload map data to receive rewards. There are currently two dash cams on sale, priced at $300 and $649. He is on Coinbase, but there is no big platform. There is a risk of insufficient liquidity, but the potential is huge.
Fil too
MOBILE
Helium developer Nova Labs has previously cooperated with T-Mobile to launch commercial mobile smartphone services. It first launched a $5 monthly package in Miami. Recently, Helium Mobile launched a $20 monthly wireless phone package in the United States, and launched a new mobile phone with Solana Labs. SIM card free trial event. Ignite the Mobile market,
Meme track
In the past, many people may not be very interested in the meme track and thought they were just idiots. However, with the last round of dogecoins and shit coins coming out of the circle, this round of pepe has been listed on Binance, and in the past few days, bome has been listed on the currency. In the spot market, people's opinions are slowly changing. In addition, this wave of sol also relies on meme coins to break out of the circle, and the currency price has been pushed up to 210. In fact, if we look at the order of fund attacks in this rising market, it is not difficult to find that AI and meme are the two strongest sectors. Preferences actually tell us clearly what opportunities we should pay attention to! In fact, meme coins are relatively pure. There are not so many bells and whistles. It just depends on the consensus of the community and the strength of the funds behind it. It will not compete with big institutions in such a brutal way. It is easier to simply rise and fall! In this section, I recommend the varieties on Binance. They have good liquidity and a lot of room for imagination. If we believe that this round of Bitcoin’s bull market will not be worse than the last one, then taking the peak market value of Dogecoin as a reference, the future space of pepe, bome, meme, and floki is not small at present. Mainly recommend pepe and bome
Inscription track:
Although the current believers in this track are not happy, I am still optimistic about its future! New narratives in each round of bull market will not be buried. Runes have been very popular recently, which will actually bring back the popularity of inscriptions. This is the same as memes, mainly considering liquidity, ordi, sats, rats.
public: sol, aave, celo, mina, rose, sei sui zeta, strk, astr
AI section: wld, ai, arkm, rndr, nfp, xai, tao, agix
Chain games: pixel, ai, portal, ace, gala, voxel
Mining coins: kas, kda, etc, fil
sol ecology: jup, jto, python, floki
meme 币: pepe, meme, bome
Second layer of pie: stx, rif, sys
Other good ones: gal, bico, icp, uma, dego, joe, ong, bnt
