1. Here are a few runes I have high hopes for:
I maintain a neutral stance on all runes and do not recommend buying any. I only hold airdropped runes and have not sold any. A reader asked if Magiceden’s support for rune trading is a positive for runes. I believe that this positive effect is very small and can almost be ignored. In a situation where the overall logic is filled with too much uncertainty, it is difficult for minor, subtle positives to become the main driving force for asset growth. If I had to buy a “shanzhai” asset that I consider valuable at this stage, I would probably only focus on ORDI. Of course, if its price exceeds $50, I wouldn’t even have a thought to buy it.
2. About SATS:
The fundamentals of this coin are actually quite good, but I believe that compared to ORDI, the risks are higher. In a situation with many uncertainties, I would still prioritize ORDI.
I have made some investments in SATS before, but I have not actively bought any since then.
3. How about the MEME sector?
I still believe that for any project to have long-term, sustainable, and stable development, relying solely on emotional value is not enough. It must have a strong team and a highly consensus-driven community.
The MEME sector is no exception.
Lately, there has been an interesting phenomenon in the MEME sector: it often goes against the mainstream market trend—when the overall market is down, it can attract attention by producing one or two stars. But I believe that this is just the short-term market sentiment at play, and as soon as the hype cools down or shifts, the project immediately falls silent again. There is no continuous development being carried out by a team and community.
I would not buy into such projects based on these short-term market sentiments.
4. Where is my focus lately?
Recently, I have been paying more attention to the social and gaming sectors in the Ethereum ecosystem, including Farcaster which I mentioned in a previous article. Through reviewing the past year, I have found that I am still more interested in the Ethereum ecosystem.
5. Is there any danger for CZ and BA?
Although I rarely use exchanges now, I believe that after this round of regulation by the US government, the likelihood of CZ and BA encountering problems in the future is quite low.
However, if we look beyond the scope of exchanges, I feel that the influence of the crypto ecosystem has diminished compared to before (although centralized exchanges still play a very important role in the entire ecosystem). There have been recent criticisms of BA, focusing on the negative impact of BA listing certain coins on their prices. I believe that this actually indicates that exchanges no longer have the same initiative and control over the market as they used to.
Moreover, as more off-exchange funds enter ETFs created by traditional capital and more heavyweight assets are regulated within the entire crypto ecosystem in the future, the influence of traditional centralized exchanges will further weaken. The mainstream assets in the entire ecosystem will be influenced more by traditional capital rather than centralized exchanges.
Therefore, in this situation, even if CZ and BA encounter some unexpected events, their impact on the crypto ecosystem will become increasingly limited.
History is turning a page quickly, entering a new chapter.
6. Will the bull market come if the Fed doesn’t cut interest rates?
I believe that even if the Fed does not cut interest rates, the bull market will still come (Bitcoin and Ethereum will both surpass the highs of the previous bull market), but the frenzy of this bull market may not be as intense as the one brought about by interest rate cuts. After all, after interest rate cuts, capital will rush into various assets that they deem valuable, and cryptocurrency assets are definitely one of them.