If you, like me, believe that the ETH/BTC price has reached a bottom and is about to reverse, then you need to understand the following (the main line of the second half):
1. Today, ETH broke through the 2820 resistance level, and the entire DEFI system has also risen across the board, with funds flowing from BTC to the ETH system, and BTC.D plummeting.
2. ETH/BTC is starting to stabilize, which is a trend-changing development of great significance, and could potentially end the 3-year decline in the exchange rate, ushering in a comprehensive bullish period for ETH.
Ethereum is the king of Altcoins, and only Ethereum can lead the Altcoins out of the bull market! Reviewing the small bull markets of Altcoins in recent years, they were all accompanied by Ethereum's catch-up rally. Ethereum is not weak, it's just slower than BTC to take off! That's all! Brothers and sisters who hold a pile of Ethereum, please hold on to your precious Ethereum, stay calm, and the victory will definitely belong to us diamond hands!
3. The market's hot spot has shifted from Metaverse to MEME, and now to DEFI.
First, with Trump winning the election, the most important thing is that he has a project that is about to be launched, and this project is WLFI, which can be understood as a DeFi or RWA project. This will be helpful for the development and breakout of the crypto sector, and SCR can also be followed, as Trump's issued token WLFI is built on SCR.
Secondly, the first thing Trump did after being elected was to remove the SEC chairman, and with Gensler, who has been suppressing the crypto sector for years, gone, the things that the SEC previously didn't allow, such as institutions buying ETH ETFs for pledging and earning yields, and some tokens that the SEC deemed as securities can now start paying dividends openly, and some projects that were in litigation with the SEC may also be potential beneficiaries.
In summary, the main line for the future is relatively clear, namely the ETH sector + DEFI + RWA sector, with the three overlapping as the strongest, such as LDO, ENA, AAVE, etc. The DEFI of competing public chains like SOL, SUI, and APT also performed strongly today, and there are also the DEX types, which are potential dividend-paying tokens, such as UNI.
Another hidden line is MEME, but MEME coins are launched in large numbers and the hot spots are constantly changing, so it's quite difficult to find the golden dog among them. If you really feel that the on-chain PVP difficulty is too high, it's better to find some alpha in the big ones, at least you'll be cut less, after all, the liquidity of the exchanges is continuous.
The sector that is most likely to break out strongly in this round of the crypto cycle is RWA, where on-chain assets are linked to the real world, forming a closed loop between virtual assets and real assets. This process of on-chain must be backed by a powerful state or government agency, and after Trump took office, this process may be accelerated, which is currently the most promising track in the second half of the bull market, and today's surge is not without reason, it may just be the beginning.
Some thoughts on the current hot Altcoins:
GOAT - The leader in AI + meme stories, and with today's reversal, I think this story can last for a while.
UNI - With Trump's victory, Unichain will soon eliminate SEC risks, and the market has fully affirmed this from the price trend.
NEIRO - I mentioned this a few days ago, a very influential whale is promoting it.
AAVE - Similar to the argument for Uniswap, AAVE, as one of the leaders in the DeFi track, is an overall strong project.
DOGE - Musk is fully supporting Trump, and DOGE is deeply tied to Musk, so naturally DOGE will benefit after Trump's election, which is also a recent catalyst for its continuous rise.
ENA - Crypto continues to rise - positive financing rate - high delta-neutral yield - ENA rises.
It is expected to squeeze into the core area of the Ethereum ecosystem and become one of the new leaders in the DeFi track.
Combining the current reliable upward movement and the possibility of an 8% rate cut, this could be the start of the main bull wave of this bull market, if there are no black swan events, please cherish the next few months, the money that can be earned in these few months is often more than in the past few years!
Of course, it is worth noting that everyone must not open contracts, because after BTC breaks a new high, there is a high probability that it will make a comeback to deleverage, and do not fall at the dawn.
Because in the short term, "sell the news" is a common occurrence, as the expected has been discounted, the market may make an adjustment, just like when the ETF was approved, the expected was in place and it started to fall.
There are too many long positions in the contract market, killing the short sellers to make the road smooth, if there is a pullback, please go all in! The certainty of this opportunity is once in 4 years! When this round of correction ends, the target is the vast universe!
The new discussion group has been set up! Now preparing to reorganize the discussion group, as long as the overall market returns to an uptrend, there will be many opportunities for Altcoins to explode, if you want to join the group, please feel free to message me, I will add you one by one!
Number of people: Temporarily limited to 50, spot trading as the main focus
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