From 2024 to 2025, the popular tracks have been basically confirmed, namely the Bitcoin ecosystem track, the depin track, the game and rwa track. AI will also explode, but I don’t think it will be dominant. AI is more of a concept.
Therefore, it is not wrong to make a layout or research around the hottest tracks. If you have a large amount of funds, I suggest buying mainstream or high-market-cap public chains, such as BTC, ETH, SOL, AVAX, ICP, etc. If you have a small amount, I don’t think it is necessary to allocate such high-market-cap assets. Instead, you should look for early hot track projects with lower market capitalization. When you see such targets, I think you should study them carefully, because once you invest in the right one, 10x is easy, and your capital yield will rise instantly.
Recently, there have been more and more frequent news about the Big Pie ETF. I still expect that the implementation of good news will usher in a phased adjustment. In the process of market rising, it is easy for us to ignore some bad news and ignore the fears we once had. This is human nature and the way the dog dealers control the market. No matter how the dog dealers perform, we know that it is most important to lock in profits in time. Withdrawing the money to your own card is the most reliable thing. Other floating profits are illusions.
With the overall market improving, 24 will definitely be a year worth looking forward to. Valuable tokens will rise sooner or later. Here I recommend the MASK project. There may be a wave of compensatory gains similar to ENS in the near future, so you can ambush it!
There is no need to say more about ARB and OP. These two projects will definitely have another wave of rising market. Therefore, if there is a phased adjustment after the news of the big cake ETF is released, they will still be the focus of the layout. Buy small when the price drops slightly, and buy more when the price drops sharply.
After looking around, the only thing that can swing the market is ETF. However, whether the ETF is passed or not is itself a good thing, which makes brainless people panic. After the recent injection, I am more optimistic than before. This year's market will be more distinctive than that of 2023, and will reach new heights.
Back to the Federal Reserve meeting minutes released on Thursday, the minutes showed that almost all participants said that it would be appropriate to lower the federal interest rate by the end of 2024, and at the same time discussed when to change the balance sheet icon. The halt to balance sheet reduction was finally put on the table for discussion, setting the tone for subsequent interest rate cuts. It was also a signal that the Federal Reserve's monetary policy is gradually turning to easing. Inflation is no longer a threat, and the Federal Reserve has shifted its focus to economic growth. Mainstream media predict that the Federal Reserve will cut interest rates by 125 basis points this year.
The Federal Reserve will definitely cut interest rates this year, and the SEC will most likely approve spot ETFs. The bull market cycle is irreversible, and a market decline is an opportunity that should not be missed. Everyone should understand an important bull market logic: the Federal Reserve's interest rate cut is the key to determining bull and bear markets. The hot money entering the risk market caused by the interest rate cut is a real capital bull market, and it can be sustainably strong. For example, the halving of the bitcoin itself, spot ETFs are a boost, giving the rocket wings to take off, which is icing on the cake, not a decisive factor. Only interest rate cuts are the core engine. In 2024, we only need to wait for the moment of interest rate cuts to come and wait for the Federal Reserve to open the floodgates!
Ethereum to launch Cancun upgrade on Goerli testnet on January 17
On January 5, lightclients, a developer of the Geth team, posted that the 178th Ethereum Core Developer Executive Meeting (ACDE) has ended. This meeting reconfirmed that the Cancun upgrade time on the Goerli test network is January 17, and January 30 and February 7 will be the upgrade dates for the Sepolia test network and the Holesky test network respectively.
If all goes well, developers will release the Goerli client next week, and the Sepolia/Holesky client will be released the week of January 22. In addition, the 179th ACDE meeting is scheduled for January 18, and if problems occur within the first 24 hours after the fork, the upgrade time will be rescheduled.
Developers have also decided that the next Ethereum upgrade will be the Prague/Electra (Pectra) upgrade.
The Cancun upgrade plan will be implemented in January 2024. Now let’s list the tracks and ecosystems that are worth paying attention to.
Layer2 track:
ARB, OP, MATIC, etc. are all leading public chains in Layer2 and must be paid attention to. I won’t go into details about the reasons, most people have already hyped them up and they are indispensable!
ARB Ecosystem:
GMX is the first decentralized exchange in the ARB ecosystem, similar to Uni, and is a potential project worth paying attention to! RDNT is the leading lending protocol of Arb. Although its slogan is to do full-chain lending, only a small number of public chains have been opened so far!
OP Ecology:
VELODROME conducts lending on the OP chain and has certain potential.
MATIC Ecosystem:
There is not much to recommend at the moment, just holding some MATIC is enough.
METIS Ecosystem:
Vega is the first inscription token on the metis chain. Vega is the only token on the launch platform. Holding it can follow up on the subsequent inscription whitelist. Its value can be imagined!
The Cancun upgrade will also benefit modular protocols, such as TIA, which is also a project that can be considered for ambush. In addition, Spa, which focuses on stablecoin protocols, is also a project that can be selected for attention.
The new year has begun, and we are creating a high-quality circle, which mainly explains various basic industry knowledge of the currency circle, the rotation of hot sectors, the basic methods of identifying tops and bottoms, how to better grasp this bull market, and so on. If you are interested, you can contact me.
