11.6 Daily Outlook
Let’s talk about Doomsday Chariot today.
I first heard of this concept in 2018. In a bear market, it is not easy to have a wave of market, so the rhythm of sector rotation is still very important. Doomsday chariot is specifically used to describe those varieties that are not far from collapse as soon as they rise. ETC is undoubtedly the first generation. I won’t waste time on this.
What may be really interesting are some new doomsday vehicles that will come later. I have the impression that the market killer of 20-21 is EOS. Indeed, when this funny thing has risen, everything has risen and there is no more room for it to rise.
In the 22-year bear market that followed, the original doomsday chariot was too lazy to even move. At this stage, I found that the domestic QTUM and NEO brothers were representatives of the same suffering. If they moved, the market would end. I can understand that the Da Hongfei system is a big pit, but shouldn’t the Shuaichu system have died long ago? When QTUM moved, I really couldn’t sleep well.
Then this year, the version environment changed again. Due to the Hong Kong concept and the possibility of the decline of the West and the rise of the East, it is inappropriate to use the domestic system as the doomsday chariot. So which sectors are more likely to become the doomsday chariot at this stage?
This is a matter of opinion. I personally make an irresponsible blind guess that it is Gamefi and Sun Ge.