With only 2 days left, Bitcoin’s fourth halving will take place.
Despite the halving expectations, new narratives such as Runes continue to inject new momentum into the crypto market, but factors such as the Middle East crisis and the weakening expectations of the Fed's interest rate cuts are still crucial to the future trend of the crypto market. Some institutions believe that the risk market (stocks + cryptocurrencies) is on the verge of a major price adjustment, and may have reached a critical turning point, and have significantly reduced their positions. Followin reported on this yesterday. For details, please see " After the big drop, instead of buying the bottom, you can clear your positions? Crypto research institution 10x Research published an article to explain the logic of clearing positions ."
But others believe that the crypto market has bottomed out and a rebound is imminent, such as Su Zhu, who said he has already bought the bottom of SOL. Arthur Hayes believes that the general trend of Bitcoin has not changed.
Crypto analyst and investor @VirtualBacon0x said he has bought millions of dollars of Bitcoin and altcoins. He also shared which game concept coins, public chain tokens and meme coins are worth paying attention to.
The following content was compiled by Followin:
I'm buying millions of Bitcoin and altcoins! Now is the time to stay calm and hoard strategically.
Let’s analyze the market’s reaction to current geopolitical tensions and identify the golden investment opportunities therein.
The crypto market may look like the end of the world today, but it’s not because of the Bitcoin halving, but rather escalating geopolitical tensions.
Despite the turbulence, historical patterns suggest that now is a prime time for accumulation. Looking at recent crypto market cycles, every major crisis has been a critical moment for strategic investing.
Next, we explore Bitcoin and a number of promising altcoins and predict how deep this correction will go, as well as highlight key support levels for the entire market.
When markets are volatile, it’s critical to view Bitcoin with strategy rather than panic.
Despite the current price drop, I believe #Bitcoin remains strong above $60k, reflecting the resilience seen in past market events such as the Bitcoin spot ETF approval.
Bitcoin’s resilience around the 100-day MA ($58,000-$60,000) during past turbulence suggests the presence of strong support levels.
Of course, as we approach the Bitcoin halving, it may be wise to maintain positions and evenly reduce them, and leverage should be avoided.
When ETH drops to around the 200-day moving average ($2,600-2,700), it signals a great buying opportunity.
Historical buying between the 100-day and 200-day moving averages during bull markets has consistently delivered superior returns.
Previously overshadowed by Bitcoin and Ethereum, #Solana now presents significant upside with key support at $90-110. This makes it an attractive buy with a potential 6.5x to 7x return as it could reach a bull run peak of $700 this cycle.
I think it's worth a try.
Altcoin Market Observation:
Altcoin market capitalization (excluding Bitcoin and Ethereum) has plummeted from $730 billion to $580 billion. Key support is between $470 billion and $500 billion.
Knowing these support levels can help you spot potential bottoms and prepare for a bounce.
AI Concepts
As AI tokens boom and more developments come to the space, what are some strong options?
Fluence @fluence_project
: Just launched, backed by top venture capital firms, FDV as low as $750 million, and circulating supply of only 5%, with high upside potential.
NetMind.AI
@NetmindAi
：From gaming to artificial intelligence, it has a unique positioning in the basic network.
Backed by solid technology and strategic partnerships, these tokens are well positioned in the growing AI crypto space and have seen significant gains.
The gaming sector is ready to rebound, which sectors should you focus on?
New gaming projects @ApeironNFT , @QORPOworld , and @WeArePlanetMojo offer new market interest and huge upside.
Game infrastructure:
@SuperVerseDAO , @WilderWorld , @GAM3Sgg_ , and @GuildFiGlobal provide foundational support and innovation for gaming.
The gaming industry is ready for investment.
The following platforms provide infrastructure support and innovation for the rapidly growing gaming market.
$AR
NEAR Protocol is expanding into the field of artificial intelligence, increasing its appeal and usefulness.
With a deep AI foundation and upcoming initiatives, NEAR is poised to make significant strides in blockchain technology and decentralized computing. With the second major release after the AOD computer on the horizon, $AR is gearing up for another surge in interest and value that will likely mirror the gains from the previous price surge.
$TIA
After a significant correction, $TIA's valuation has been enhanced and its core role in data availability makes it an excellent investment as the market stabilizes, providing advanced technology at a more reasonable price.
$SEI
With @monad_xyz ready for future releases, Sei is ready to launch a high-performance, EVM-compatible chain.
This upcoming product launch presents a unique opportunity to establish Sei as a serious player in the blockchain space.
$FTM
With the upcoming release of Fantom Sonic, $FTM is expected to match or exceed the scalability of platforms like Solana. Fantom is currently undervalued and is an excellent choice for significant future growth.
What about memecoin?
Investing in memecoins with ecosystem support provides a strategic path through the volatile memecoin market, ensuring alignment with substantive projects and growth potential.
Which meme coins are worth mentioning?
Puff @puff_drgn
: The main meme coin of its ecosystem.
Toshi @Toshi_base
：The oldest meme coin on the Base network.
Foxy @FoxyLinea
: Backed by Linda, with close ties to ConsenSys and MetaMask.
Fantom Goat @theFantomgoat
: The key token within the Fantom network, backed by key stakeholders.
While the knee-jerk reaction during times like these in the market is to turn to stabilization strategies, historical insights and strategic analysis suggest a different approach.
As the Bitcoin halving approaches, it is crucial to prepare for a potential drop and not panic.
Now is not the time to leave the market, but the time to participate wisely and seize opportunities in Bitcoin and altcoins.
