Good afternoon, let me mainly analyze several sectors and market characteristics: the best performing altcoin in May is the meme coin sector, represented by pepe and people, followed by the RWA sector, with the leading stock ondo doubling. Ethereum's ens also doubled. Sol's jto rose by 80% at its highest, but was suddenly drained by Ethereum and fell again.
AI's LPT doubled. Many old friends are disappointing, such as WLD, which everyone is optimistic about, has been falling due to unlocking, YGG has been sideways, and just broke through the top of the box today. The star coin ordi is even more disappointing, and doge and shib, which have many fans, are also lying still.
After observation and analysis, we can see that the altcoin hype:
1. It is new and not old.
2. It is fully circulated and low-priced. The high-priced and low-circulated coins are reluctant to take over because the project party and the investor have too many chips.
3. Is it market funds or stock? Although ETFs have come in, they only buy Bitcoin. In fact, altcoins are still stock funds. 👀 Near q1un + Wei: L20240098, it is impossible to issue all 10,000 coins at the same time. Only a part of the coins can be pulled. This structured market will continue until the interest rate cut, which is extremely important.
June market outlook and operation strategy I personally think that it is a bull market at present. Although there is no interest rate cut, the continuous inflow of ETFs is equivalent to injecting liquidity into the big cake. Bitcoin and Ethereum will fluctuate upward in June and July. Bitcoin will definitely break through 80,000 in June. In the month before the interest rate cut, the big cake will have a wave of sharp declines. The reason is that the current US dollar interest rate is high, international arbitrage funds come in, and the US dollar liquidity is not bad. Before the interest rate cut, arbitrage funds will never fall, and liquidity will decline in the short term.
As for altcoins, since it is a game of stock funds, it will not be a simultaneous launch of 10,000 coins. In June, it will still be a structured market. Only a few coins will rise well. There may be rotation. The meme sector has been prompted to pull up. The meme coin cannot keep pulling up. The rise will go up to the sky. However, after the meme coin sector pulls back, you can participate. Even if you are not the protagonist, it is easy to double it after the pullback.
As for the selection of coins, give priority to new coins, small market value, high circulation rate, and speculation expectations.
