This week feels like the cryptocurrency market has entered the second phase of this bull market: altcoin frenzy.

The theme of the first phase was BTC and Memes, with 80% of people in the circle not making money, as very few new investors entering during the last bull market held BTC. Memes mainly enriched project teams and KOLs with community CX capabilities.

The expectation for the second phase is: the combination of Trump and Musk, with several iconic events to pay special attention to:

First, Trump taking office on January 20;

Second, Trump firing Federal Reserve's Powell;

Third, Musk's Doge department being established and starting to work;

Fourth, the implementation of various policies regarding crypto by Trump, such as establishing a BTC reserve mechanism;

Aside from BTC, which coins can be held for the long term? Currently, it seems like Musk's Doge and Coinbase (stock) which has always supported Trump.

So, what sectors can be laid out? From the recent surge of XRP, it can be seen that it still needs to be close to practical applications, so I am most optimistic about these three sectors: RWA, depin, and AI.