Macro Trends

Public goods are a fundamental concept in Western economics concerning the collective well-being of society and the market. In Web3, this concept entails being adequately non-excludable and non-rivalrous.

AI x Crypto encompasses multiple subfields, including AI Agents, decentralized computing, data, oracles, ZKML, FHEML, coprocessors, Memes, generative art platforms, and gaming applications.

The blockchain market has grown rapidly during the COVID-19 pandemic driven by P2E gaming.

The current situation where the security of tokens depends entirely on the project's self-awareness. To address this, we may need to improve token mechanisms or introduce effective token supply monitoring schemes to ensure transparency in token quantity changes. We need to be vigilant, as while people's awareness of fraud is increasing, attackers' anti-fraud techniques are also constantly evolving. This is an ongoing game, and we need to continue learning and thinking to protect our interests.

The SEC's approval of Bitcoin ETFs in the U.S. has started to bring cryptocurrencies into the institutional space, and large public funds with significant capital under management are expected to enter the market.

As a form of cultural expression, meme coins need time to earn people's trust, especially in an industry that has held onto doctrines about what value is for decades. However, even without this point, meme coins hold social value, as they are an important litmus test for financial freedom.

Recently, besides the booming "shiba inu donations" in the SOL ecosystem, there's also a project in the BTC ecosystem generating huge buzz, leading to a revival of the entire BTC NFT sector. This is the community-acknowledged leader of the rune segment—Runestone.

On January 16, 2024, Klaytn and Finshcia, two of Asia's leading blockchains, announced plans to launch a unified mainnet. By combining their respective ecosystems and assets, they aim to build an Asian mega-blockchain and lead the global Web3 market.

"Financial nihilism" is one of the major factors influencing the price fluctuations of cryptocurrencies and may further strengthen. In the upcoming cycle, it will continue to play an important role.

As the cryptocurrency market rebounds, venture capitalists who have been on the sidelines are now investing in the Web3 industry. It is still low compared to past peaks, which can be attributed to 1) negative events such as Terra Luna and FTX bankruptcy, 2) the mega-trend shift from blockchain to artificial intelligence, and 3) macroeconomic deterioration.

In the past, bull markets stimulated user growth, but this growth resembled more of a market volatility effect amplified by leverage, rather than genuine market acceptance. Now, the liquidity surge driving market volatility is about to give way to a permanent structural shift driven by three major positive factors.

The upcoming elections may impact Bitcoin's performance as important macro policy issues such as government deficits and debt, inflation, the independence of the Federal Reserve, and the role of the United States in the world are at stake. Bitcoin is seen as an asset hedging against the devaluation of the US dollar, which could be influenced by the next president's stance on the independence of the Federal Reserve. Additionally, industry-specific legislation and geopolitical factors may also affect Bitcoin's trajectory. Investors can assess the impact of reelection from the statements and actions of the candidates. Government overspending may lead to currency devaluation, and the independence of central banks is also crucial. Recently, CNN reported on two comprehensive bills aimed at promoting responsible financial innovation.

In the world of cryptocurrency trading, to prevent potential losses, we should keep in mind some important advice: don't blindly pursue excessively high returns, stay away from emotional trading behaviors; establish clear stop-loss mechanisms, maintain investment flexibility; avoid attempting to sell all at once at market peaks, consider exiting gradually; deeply understand the psychological state of investors and maintain a calm mindset. The author advocates for keeping investment strategies simple and clear, staying away from impulsive decisions made in response to market sentiment.

In the article, we organize seven indicators signals worth investors' attention during a bull market, perhaps providing you with clues to successfully "exit at the peak." Through various indicators and signals, we assist traders in judging market trends and macro conditions.

This article aims to logically deduce potential differences between the bull market cycle in 2024 and previous cycles. Additionally, it presents personal reflections and strategies for navigating the current market conditions.