In the stormy world of cryptocurrency, the question of whether the bull market continues is far less important than whether you can survive the market's turbulent waves. When Bitcoin surged to a high of $90,000, some hesitated, some chose to short against the trend, and others took painful losses.
But remember, don't waste your energy on futile price predictions. The market is alive; it always has its own logic and is always right.
Never assume that just because the price has risen, a bull market has arrived; nor should you assert that a bear market is back due to a single correction. Such herd behavior will only lead to the continuous devaluation of your assets.
After struggling in the market for a long time, you will understand that the rise and fall of the market is not driven by news; rather, it is price movements that trigger various pieces of news. When the market declines, a flood of negative news comes; when the market rises, positive news fills the surroundings. In reality, these so-called 'news' are merely forced explanations after the fact. Therefore, instead of being swayed by market emotions, focus on two key questions.
First, is the recognition of Bitcoin rising or falling?
The answer is evident. From major financial institutions laying out their strategies in crypto to some countries gradually accepting it in their policies; from increasing discussions on cryptocurrencies in classrooms to the growing development community, global acceptance of Bitcoin continues to rise, with its recognition only increasing.
Secondly, is the entire crypto market shrinking or expanding?
The answer is also clear: the market is in a rapid expansion phase. In today's crypto world, narratives are no longer limited to BTC and ETH; diverse ecosystems such as RWA, AI + Crypto, on-chain identity, and Web3 education are flourishing, with a large influx of developers and capital, creating waves of innovation one after another.
In such a rapidly developing industry, frequently timing the market is not a wise move; selecting the right track and holding patiently is key. Trying to predict the market's tops and bottoms is meaningless; grasping the market cycle is what will yield results. Looking back, those once difficult phases have now become the past. As long as the direction is correct, following the trend firmly will eventually lead to victory in this crypto journey, even if the pace is slow.
Recently, the crypto market has also shown great vitality.
Altcoins have rebounded comprehensively, with the Meme sector becoming the market focus. LPT, which is a key focus this week, has risen over 50% in three days. The AI sector performed well, with TAO rising over 10%, FET increasing by 5%, and LPT leading the way; in the Meme sector, WIF rose by 20%, PEOPLE by 10%, and FLOKI by 15%; the gaming sector's GALA, GMT, and SAND also saw around 10% increases.
Overall, the average rebound of altcoins yesterday exceeded 20%, but based on the K-line trend, we are still in a low-level warming phase. It is not advisable to blindly switch positions at this time; holding and observing is a more prudent strategy. The rotation characteristics of sectors are evident; the blockchain gaming sector performed strongly in the past two days, while today it is the Meme sector's turn to explode. Notably, the Binance Meme sector has completed its first wave of increases and is expected to welcome the second wave of major rises, making it suitable for early positioning.
Focusing on the on-chain Meme market, the Solana public chain stands out, and its trend is already clear.
With the market's strong rebound, on-chain activity has significantly increased. Comparing the meme performance of various public chains, Solana is undoubtedly the strongest rebound position. Whether it is the widespread rally in the AI sector or the re-launch of the former leader $RFC, the Solana chain has shown ample momentum.
In this market cycle, an important understanding is that the liquidity of memes may rotate between different sectors and public chains, but it often flows back to Solana in the end. Especially the opportunities in established projects and second-phase markets are mostly concentrated on the SOL chain.
More importantly, as the origin of AI narratives, the Solana chain not only has solid infrastructure but also boasts a vibrant community. Once the market warms up, liquidity will naturally prioritize Solana. Currently, the core holdings on the SOL chain include the old holding $swarm and GRIFFAIN, along with the new addition of $ACT, which has a market cap exceeding $50 million, and RFC, which was built at the 2700 price level to complete Binance Alpha tasks.
Although it is still uncertain whether a new round of bull market has begun, the synchronous rise of sectors is undoubtedly a positive signal. If you are worried about the risks of chasing prices at high levels, the safest choice remains holding $SOL.
In conclusion, in the current crypto market, look to SUI in the DeFi field and SOL in the Meme sector. Stop blindly messing with your principal; following the trend is the way to earn your own returns in this crypto wave.
That's all for this article! If you feel lost in the crypto space, consider joining me in positioning and harvesting from the whales!
