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I have a strong premonition: the 29th cycle will likely usher in a counterfeit bull market 🔥
The bull market of the 25th cycle is essentially a thorough reshuffle of the copycat projects, re-establishing industry rules. Everyone is avoiding buying or taking on copycats, VC funding has completely halted, projects with low circulation are almost extinct, and airdrops are hard to find— all copycats have completed their value reversion.
Today, I looked at the copycat market, many projects with a market cap of billions of dollars have directly fallen back to a few hundred million, basically wiped out, and have also revealed their true value.
Just waiting for Bitcoin’s final drop, to thoroughly clear out the trash in the market, the spring of the 29th cycle’s copycats will truly arrive, especially in the early stage of the bull market, when explosive power will fully unleashed.
But the pattern won’t change: in the first year of the bull market, when the copycat projects start making money, those reckless VC firms will collude with unscrupulous exchanges to flood the market with new tokens, and then the copycats will be a mess again, ultimately returning to the chain, shorting these VC-backed copycats to harvest the investors.
So the conclusion is very clear: in the first year of the 29th cycle’s bull market, copycats will be very violent! This violent rebound in the mid-bear market has already begun to show signs.
It’s time to start picking up copycats and doing research ⚠️
This is a long process, just like at the end of 2022 when I advised everyone to position in CFX, which doubled in over half a month; in September 2023, I told everyone to buy ORDI below 4, which then surged 30 times by the end of the year. Patience is the key.
Recently, I’ve been focusing on studying and positioning in $Clutch 🌍 World Cup-themed MEME, looking forward to a violent rally, let’s wait and eat some gains together!