The crypto market sectors rebounded across the board
The AI sector led with a rise of 9.07%, within the sector
Bittensor (TAO), Render (RENDER), ai16z (AI16Z), Virtuals Protocol (VIRTUAL) increased by 8.16%, 8.78%, 18.03%, and 39.50% respectively in 24 hours.
Moreover, Bitcoin (BTC) increased by 2.04% in 24 hours, once rising above $95,000. Ethereum (ETH) increased by 1.80%, nearing the $1,800 mark.
Outstanding sectors also include:
The DePIN sector increased by 6.09% in 24 hours, within the sector
Filecoin (FIL), IOTA, Theta Network (THETA) increased by 2.97%, 3.16%, and 7.13% respectively; the GameFi sector increased by 5.33%,
Among them, Decentraland (MANA) and GALA increased by 5.49% and 6.56% respectively;
The NFT sector increased by 4.40%
SuperVerse (SUPER), Apecoin (APE), Moca Coin (MOCA) increased by 5.29%, 5.66%, and 29.91% respectively.
Other sectors
The DeFi sector increased by 4.27% in 24 hours, Layer 2 sector increased by 3.48%, Meme sector increased by 3.10%, PayFi sector increased by 3.06%, and Layer 1 sector increased by 2.44%.
Today's fear and greed index rose to 60, shifting to a 'greed state'
Today's cryptocurrency fear and greed index rose to 60 (yesterday's index was 54), indicating that the market shifted from a 'neutral state' to a 'greed state'.
When the altcoin market starts, two key indicators should be closely monitored:
First, Bitcoin's market capitalization ratio. Currently around 64%, approaching the last bull market peak of 71%. Historical data shows that once this ratio falls below 60%, funds may flow from Bitcoin to mainstream coins and altcoins, signaling the start of altcoin season.
Second, the Ethereum to Bitcoin exchange rate (ETH/BTC). As the core of the public chain ecosystem, Ethereum's exchange rate changes with Bitcoin can intuitively reflect market risk appetite when macro liquidity improves, and it is also a key 'wind vane' for funds flowing into altcoins.
In the face of a complex market environment, investors need to follow three main strategies:
Focus on the long term, emphasizing fundamental factors such as policy support, institutional involvement, and technological development;
Pay attention to fund rotation; while maintaining Bitcoin's 'keystone' status, seize opportunities in emerging sectors like Layer 2, DePIN, AI + blockchain, etc.;
Reserve ample liquidity to flexibly respond to market fluctuations.
In fact, as local governments include crypto assets in strategic reserves and institutional investment products like Ethereum ETFs are launched, a market value reassessment is expected.
Rather than waiting for the altcoin market, investors should delve into the underlying logic and capture investment opportunities with patience and keen insight.
Market highlights:
1. Stocks like layer and memefi surged significantly. Layer has obvious controlling addresses. Memefi in the Sui ecosystem skyrocketed several times.
2. AI's virtual, shell, cookie, aixbt, etc. rebounded sharply from excessive declines. Most of the new AI projects on-chain this round are part of a wave.
3. Meme coins like troll, house, hosico, neet, etc. from the four major conspiracy groups rose, with troll hitting a new high after a big drop. The bonk platform has insufficient liquidity, mostly part of a wave. Check Main Page.
