I still maintain the logic that the bull market hasn't ended. $btc may oscillate here, inducing shorts, but I believe it will make another push to 90-100k.
During this period, I will buy tokens that I believe have a rebound demand and are more stable.
These tokens must have top-tier backgrounds and extremely long histories; even slightly less won't do, to avoid all possible risks.
For example, taking a meme, like $neiro, I admit it's very good, whether it's the IP or the charity narrative, but in my definition, it can only be considered t1 or t0.5 ($DOGE belongs to t0, regardless of background, time, or anything else). Apart from big dogs, $PEPE is also considered t0 by me.
The AI in the crypto space has been debunked; its value is indeed inflated, and there hasn't been a particularly long time, but we cannot overlook the capital's speculative ability. Therefore, I currently believe the most promising is #fartcoin. Recent market movements also show big rises and falls, very reminiscent of Nelo's last dance.
$BNB and $sol have been mentioned before; once the launch pool and on-chain ecosystem fail, the current price will also be discounted.
The only narrative I am hopeful for on-chain is $stonks. I have a separate wallet specifically for holding inactive tokens, and it is one of them. However, I have also learned that there are many DEX exchanges; currently, the competition is not absent. Moreover, the narrative of RWA, which is about buying U.S. stock assets in the crypto space, already has products and is not unique. Given the poor performance of U.S. stocks recently, I judge that the bull market has not ended. If I'm wrong and the on-chain market is poor, expectations for DEX will also be very low. The only one I see with strength right now is that, regardless of how the market changes, the Nasdaq price has been oscillating around the 3rd floor, indicating a strong operator.
Of course, if good opportunities arise on-chain, I will also participate with a small position.
I will also stick to some of my previous ideas to build my own community and be able to resource a group of people to make money.
Regarding the market, I hope my views are not wrong, and I can trade to exchange more USDT in preparation for the next round of the Babylon battle.