Currently, I cannot say definitively about Bitcoin's movements, but I personally lean towards a pullback. Altcoins are still in the accumulation phase, and the main upward wave is still early, but opportunities are slowly appearing. As long as it dares to dip, one should buy boldly.
Bitcoin at $100k is a psychological barrier!! The altcoin explosion will also happen at $100k!
Bitcoin at $100k is a psychological barrier; at least that's what I've gathered from VCs around me. They believe that after $100k, its attributes are closer to gold. I think the altcoin explosion will also occur after $100k, as the breakthrough of psychological barriers will undoubtedly lead to FOMO capital entering the market. The same goes for market makers; they will seek out assets with good depth for easier liquidity exits in the future. Why did the altcoin frenzy occur in March and November of 2024? Because Bitcoin broke its historical high and surpassed the psychological barrier that people had for two years, leading to a flourishing market. In contrast, this year, the liquidity and outflow of altcoins have not differed much from a deep bear market. Thus, the market needs not only to open the floodgates for liquidity but also to break through literal barriers to instill confidence in the market; confidence is more precious than gold.
A big bull market is coming soon! 4 types of 100x cryptocurrencies can help you turn the tide in a bull market! SIGN
SIGN
This project is probably unknown to most people; it is relatively unfamiliar, even though it is a blockchain project led by VCs, which are often disliked. However, it is backed by top-tier investment institutions like Binance and HackVC. Normally, it should promote itself as other projects do and quickly pump up, but SIGN is taking a completely different approach. SIGN currently has a market cap of $87 million, with the next unlock in July.
BERA
The current on-chain performance of BERA seems to be severely undervalued, especially compared to similar projects launched in the past at higher valuations. Notably, BERA has raised over $140 million, with future token releases that may bring a certain dilution effect. However, its vesting schedule is relatively reasonable, with the main unlocks occurring gradually after February 2026, providing a buffer period for the market. Those who missed SUI can take a look at BERA.
Sui
The Sui ecosystem has recently seen a resurgence, with TVL increasing by 40% in a week to reach $1.7 billion, and most DEX trading volumes have significantly risen. The Sui Dubai conference is approaching, and projects within the ecosystem (such as WAL, DEEP, BLUE, TURBOS) are clearly benefiting. With positive news being released intensively before and after the conference, attention should be paid to the sustainability of TVL and subsequent user growth performance; Sui may be on the brink of a recovery.
AAVE
AAVE is a leader in the lending space. The recently launched V4 version supports cross-chain collateral, even allowing Bitcoin to be used as collateral. The cash flow is quite stable. With strong blue-chip attributes, the demand for lending during a bull market is substantial. Recently, Aave has been discussing deployment on Aptos.
Aave in the DeFi sector has always been something I recommend. If the market gives the opportunity, breaking through new highs is not a problem!