Regarding the current trend, the market for $ETH has not ended, and there are no obvious signals seen in altcoin season yet. However, there are currently signs that ETH funds are slowly flowing into altcoins. For example, in the last couple of days, ETH whales have been continuously swapping ETH for LINK, and on-chain funds are also bottom-fishing mainstream altcoins and hot secondary coins.
Currently, the hottest sectors in this round of market are DeFi, RWA, and ETF-related speculation. The AI sector has clearly cooled down, so it is recommended not to invest too much in the AI sector for now. Wait for signals to emerge, such as from virtual, ai16z, or signs of a price surge before making a move. In this kind of market, there is a high possibility that the AI sector will not be speculated upon; do not get trapped in a sector and miss the market! But also keep an eye on the market for any signs of AI speculation before entering.
If that season comes, at least 60% of altcoins will not be speculative in the future, making coin selection the most important step! Many trash projects release coins with the sole purpose of selling, then moving on to the next project! They continue to sell without ever intending to pump the price!
When choosing projects, it is essential to analyze the team and the project's technology (95% of projects have no technology). It is also necessary to assess the rationality of the valuation and the situation regarding unlock sell pressure!
I have talked a lot about these in my live streams! I won't go into detail here.
Other recently updated Ethereum-based altcoins such as ssv, cow, Ldo, aave, morpho, ena, pendle... are all quite good, which is also due to the market trend. However, altcoins are ultimately still altcoins! I personally sell some when the price rises, keep some positions to anticipate future market movements, and also exchange some USDT to be well-prepared!