This morning, Powell stated that central banks are not allowed to hold Bitcoin, and in the face of the promise made by the elected president Trump to create a strategic Bitcoin reserve, "not seeking legal changes."
In addition, the Federal Reserve's meeting has lowered the expectation for interest rate cuts next year, contrary to the market's positive reaction, resulting in a general decline in the crypto market, with Bitcoin briefly falling below $100,000, impacting major altcoins.
I know you are anxious, but please don't panic!
The bull market is not over yet, so don't rush to jump off the building!
Powell's negative attitude poses a challenge to the advancement of Trump's policy, but it may not be a decisive factor. Bitcoin, as a strategic reserve plan, can be realized through legislation by Congress. Believe in the power of the trend; the trend is irreversible.
The upward trend is still ongoing; as long as there are no unexpected events in Q1 next year, then with the new president taking office, the new SEC chairman, speculation, the trend will definitely continue.
Next, there are two directions in the crypto circle:
- Pullback, after interest rate cuts, the entire line surges.
- Market funds are gradually shifting to Ethereum; when Ethereum surges, altcoins will also chase the rise.
However, if Bitcoin pulls back, altcoins won't just pull back that easily, but it is highly likely that Bitcoin won't have a significant pullback in the short term.
From now until January next year, when Trump takes office, everything should rise, because the expectations are there.
The US has taken Bitcoin as a strategic reserve, leading other countries to follow suit; other countries also need to buy.
In addition, many listed companies also need to buy, for example, giants like Microsoft have begun to buy Bitcoin, so it's obvious what the next market trend is. Those who are already in should stay steady, and those who haven't joined yet should wait for a pullback to get in!
As of now, what opportunities should we seize in this bull market?
Next, the sweet girl will analyze one by one:
➜ Trump concept
- The Trump concept mainly refers to the DeFi project WLFI (World Liberty Financial) purchased by the Trump family, excluding Bitcoin and Ethereum; they have also purchased LINK, AAVE, ENA, ONDO, all through $COW.
- You can take a look at the recent performance of the above tokens; they have basically detached from the altcoin trend, belonging to the Trump concept trend.
- As an institution, it won't say it will hold a certain coin indefinitely or that it will only buy currency, so in the future, when WLFI starts selling currency, it will also bring the same effect, users will follow and dump, just as it rises quickly, it will fall quickly; moreover, when it falls, users will also dump the entire series of coins.
➜ hype ecosystem
- The hype concept is the Hyperliquid ecosystem, belonging to the primary market range.
- The venture capital behind FTX is currently supporting Hyper; let me quote @AB Kuai Dong’s chart.
➜ DOGE core asset
- The core asset of Doge mainly refers to $DOGE, with other coins like Neiro, Shib, Babydoge, etc.; in the future, the funds from Doge are likely to flow towards other dog-themed ecosystems.
➜ AIMEME
- AIMeme has been a common topic; in exchanges, you can focus on ACT, GOAT, Virtual, etc.
- The AI concept has been the theme song in recent years, and there will definitely be continuous new tokens in this area. First, the traffic for AI in the primary market is still very large; compared to traditional animal memes, the mainstream meme traffic is still in the AI sector.
- Currently, there are many promising AI platforms and tokens in the primary market, such as the AIXBT on the Virtual platform, ai16z on the Daosfun platform, etc.
➜ DESCI concept
- Desci is currently a relatively popular on-chain track; there are still no tokens launched on Binance, but the scientific track is very hot and has great prospects in the future, so it is highly likely that this segment's tokens will be launched later, which can also be considered as application coins.
- Previously RIF, now URO, recently DRUGS has been a focus on-chain.
➜ RWA
- Also, as mentioned before, RWA, this large institution BlackRock has personally come out to promote it, the hype will definitely continue:
- Leading tokens ONDO, TOKEN, POLYX, RSR.
Choose your favorite ambush and hold for the long term.
