A couple of days ago, I saw the CEO of BGI say:
The topology of neurons in the human central nervous system.
Can be completely restructured.
In other words,
If you believe that good things will happen,
It will happen.
If you watch negative news every day,
You stare into the abyss.
The abyss also stares back at you.
Your past can be healed by your future.
There have been 100 failures in the past.
It only takes one success.
It proves that it’s not 100 failures.
But it is the foundation laid for one's own success!
The end of the year is approaching.
Regardless of whether you have a good or bad 2024,
The big players hope that in 2025,
Everyone can be filled with sunshine in their hearts and create a better future.
Returning to the overall market situation.
The favorable CPI data.
It ignited the market's emotions.
Bitcoin has once again risen above the 100,000 mark.
Moderate inflation data.
It also brings more expectations for the Federal Reserve's interest rate cuts.
The market expects the first interest rate cut from the Federal Reserve.
Advanced from September to July.
The cumulative interest rate cut for the year is 28 basis points.
Rising to 40 basis points.
Basically returned to the level before the non-farm employment report.
Next Monday, the wise king's inauguration ceremony.
The biggest narrative hype point in the crypto circle.
The crypto community sees it as a potential turning point for the market.
The wise king can fulfill it after taking office.
Signing an executive order with broad support for cryptocurrencies.
Establish a Bitcoin reserve.
Ending the exclusion of crypto companies from traditional banking services.
This will determine the trend of the market.
It is rumored that the wise king has appointed venture capitalist David Sacks.
For the first artificial intelligence and cryptocurrency czar of the big beautiful country.
In addition, the wise king plans to do this before the inauguration ceremony.
Holding a celebration for the 'crypto ball'.
To highlight the industry's hope for a more favorable regulatory environment.
Speaking of which, the wise king is working hard to prop up Bitcoin.
Could it be that they want to come for the world's largest harvest?
That's what I think, but I have no evidence.
Now let's talk about this rebound.
Bitcoin is no longer a solo performance.
All kinds of altcoins have begun to rebound.
Ethereum has also surged to around 3400.
However, many people are still quite disappointed with Ethereum.
Don't worry,
The big shot believes that Ethereum is about to rise.
And it will rise very quickly.
Once Bitcoin's direction is determined,
Ethereum has a strong demand for rebound.
The reason is simple.
ETFs are the engine for Ethereum.
Can provide Ethereum with a continuous flow of liquidity.
But now the ETF has hardly made an impact.
And the subsequent Ethereum staking, etc.
These expectations will be fulfilled after the wise king takes office.
What Ethereum currently lacks is just a suitable moment to explode.
What we need to do is:
Prepare in advance before it explodes.
In this round of altcoin rebound, XRP performed strongly.
FDV has surged to nearly $310 billion.
This is a good sign.
Altcoin bulls will definitely come.
Continuing the previous line of thought,
The craziness of altcoins needs a leader.
This leader is not Bitcoin but Ethereum.
When Ethereum takes off, it is the time for altcoin bulls.
The big shot believes:
If Ethereum's second wave of rises erupts,
Most altcoins can achieve a growth of 5 to 10 times.
Some of the altcoins here refer to high-quality altcoin targets.
Some targets that have been hyped through short-term fads are another story.
For example, a couple of days ago due to the TK shutdown ban,
The unexpectedly popular Little Red Book meme series is an example.
As the market returns, attention wanes.
MOMO is the most prominent concept in Little Red Book.
Has fallen from a peak of 0.015 to 0.003, a decline of over 80%.
The market value has drastically fallen from $12 million to $3.1 million.
Captain Potato's market value has slipped from $2 million to $58,000.
With a swift action, soaring and plummeting.
This also aligns with the trends of most crypto MEMEs.
Let's take a look at the market hotspots:
1. After the AI sector AIXBT, Griffain, Arc, Buzz, etc., reached new highs, they all adjusted.
AIXBT is the leader in AI applications, AIXBT goes live on Coinbase International.
Griffain is the leader in DeFi AI. Arc is a Rust framework platform, recently collaborating with EVM.
Buzz is DeFi AI, won the Solana hackathon first place, keep an eye on it!
2. The old coin XRP hits a new high, XLM follows suit.
XRP executives meet with Trump.
The market expects XRP to be the first to launch an ETF.
XRP's market value will exceed ETFs with a 30% increase.
3. Nasdaq submits the Canary Litecoin 19B-4 filing application;
In the coming weeks, it will be confirmed whether the Canary Litecoin ETF is approved!
4. The Swiss state-owned bank launches Ethereum staking services!
Yesterday, Ethereum ETF inflow was $167 million.