A brief agreement on tariffs between China and the US has been reached, bringing good news. 1. 24% of tariffs will be suspended for the initial 90 days, but 10% will be retained; 2. Necessary measures will be taken to suspend or cancel by April 2, 2025.
Take targeted non-tariff countermeasures against the beautiful country! (Note: non-tariff) Although there is still a distance to restore to the state before the tariff war, this progress is definitely what the market is most pleased to see. With direction, there is hope; with hope, there is narrative; with narrative, there is funding.
The recent tariff benefits are good news, and Trump is about to come out and collect profits again. Pay attention in the next three days, because with Trump's precedent, the wealth effect from such early announcements is generally likely.
It is certain that the market's liquidity will be significantly drained again.
The market has returned to a long-lost state of dual greed, just a step away from extreme greed.
It seems that altcoins have transitioned from a bear market to a bull market in just a week; the full explosion of the MEME sector gives a sense of a bull market returning. Now there’s finally the feeling of Bitcoin bringing Ethereum up, and Ethereum pulling altcoins up, which is a long-awaited broad market uptrend. A broad market uptrend can be confusing, but actually, it just requires us to clarify the two main trend lines in the current market:
Large capital in the secondary market plays BTC, SOL, ETH
For small speculative funds, just look for projects in the three sectors of AI, MEME, and ETH ecosystem and play them repeatedly.
MEME: DOGE/SHIB/PEPE/BOME/Neiro/PNUT/MOODENGE/MUBARAK
AI leaders: VIRTUAL/AIXBT/GOAT/WLD
ETH ecosystem: ETHFI/EIGEN/SAGA/IO
I'm not sure what to use, but you can buy based on these. After a strong wave, during the strong horizontal consolidation period, you can use ETHFI as an example. On the hourly chart, the technical analysis support levels are 1.066, 1.048, etc., but the market makers will definitely let it drop a bit more before breaking lower, to scare off more chips. Virtual Aixbt and others have washed out this way before their rallies.
Now let's talk about the implementation of tariffs. What will the market speculate on next? Rate cuts?
CPI data will be announced at 4 PM on Tuesday. This reflects inflation conditions and directly relates to whether the Federal Reserve will cut interest rates. The market will definitely tremble.
On Wednesday, the Fed's Waller will speak. If he leaks any news, both the stock market and the crypto market will be affected.
Thursday will be the most exciting, as retail data, manufacturing index, and PPI inflation data will be released consecutively at 4 PM, and ten minutes later, Powell will personally take the stage. This old man can make the market go crazy with just a few words.
If you have positions, it's best not to sleep too soundly these days.
Overall, if we want to continue rising, we need to see if there are new stories to tell or if Ethereum's staking ETF is provided. This wave clearly shows that only Ethereum can gain momentum; altcoins can only flourish if Ethereum leads, while Bitcoin will just siphon off funds, and Ethereum is the one that can truly generate profit for altcoins.
But when it comes to altcoins, remember to take profits when you can; there's no need to be overly ambitious.
Let me talk about my recent operations and future outlook.
1. Optimistic about RWA narratives
RWA narrative is the beautiful country's policy narrative.
$PLUME $SYRUP
Plume is an RWA Layer1, primarily focused on RWAFi, with a pretty good background, having many collaborations with institutions and strong market makers.
SYRUP is an Ethereum RWA DeFi product that I've been following for a long time. I previously mentioned its token swap, and now it's listed on Binance.
To me, Ondo is not cost-effective.
Another thing to pay attention to is Solana RWA; I will consider building positions.
2. AI
The current problem with AI is still the weak small narratives under the grand narrative, and there haven't been any major events coming out of Web2. However, the market will still rank AI narratives as the highest level of narrative. The token rebound is also strong but lacks the opportunity for a major upward trend.
Currently, I am focusing on @virtuals_io's new projects, keeping an eye on new offerings, but nothing particularly eye-catching (just that initial feeling when I saw Aixbt).
$TAO I still hold, and my position is not large. Now I realize that inflation is too fast, and I can only trade based on events, and must take profit in time, rather than focusing on the bigger picture. The selling pressure is actually quite large. If I do this, it will be better. If it drops, withdraw in time.
Also, you can pay attention to $BID, as they are closely tied to the Bittensor ecosystem.
3, Layer1
$AVAX is high-risk DAO (listed on Binance Alpha and Bithumb), very popular. This game is good for $AVAX. I also took another game-related concept $GUN on $AVAX.
4. Others
$SIGN, waiting for the app's expectations + my brother shouting dan.
Finally
1. Enter quickly, reduce positions as prices rise.
2. For coins with high holdings, the positions will be smaller on exchanges.
3. Focus on five main coins or fewer, and for others that look good, use a position-taking mentality (currently, my main lines are $AVAX $PLUME $SYRUP $SIGN).
