Crypto Expert Unveils 15 Surprising Truths About This Bull Run
in a Wire On X, cryptocurrency researcher Alex Wacy (@wacy_time1) shares 15 eye-opening insights about the current bull market cycle with his 183,000 followers. Wacy’s analysis covers a range of topics from Bitcoin dynamics to emerging technologies such as artificial intelligence and DePIN (decentralized physical infrastructure network). Below is a detailed look at his revelations.
#1 Bitcoin Season is Memecoin Season
“When Bitcoin goes up, people often Buy meme coins Collectively, this has a positive impact on their prices,” Vesey observed. In contrast to previous bull runs, capital has flowed directly to the riskiest crypto sectors. A surge in Bitcoin prices tends to trigger a ripple effect in the memecoin market, This resulted in a significant increase in the price of these tokens, excluding altcoins with stronger fundamentals.
#2 Long-term Bitcoin holders are actively selling
Vesey emphasized significant sell-off Long term Bitcoin holder. “They have sold almost 730,000 Bitcoin this month,” he noted. Interestingly, US spot ETFs are absorbing about 90% of the selling pressure and are playing a vital role in stabilizing the market.
#3 Solana Over $500 May Become a Reality
“Even though the memecoin era is over, developers of AI and DePIN projects still choose Solana,” Wacy noted. With widespread attention on memecoin, AI, and the DePIN narrative, Solana remains the leading ecosystem that will eventually push the price of SOL over $500.
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#4 Blockchain-based AI agents remain undervalued
“AI agents are already leaving their mark on the real world. However, AI built on blockchain offers greater decentralization and privacy,” Wacy said. He believes that blockchain-based artificial intelligence projects have untapped potential and are currently undervalued in the market.
#5 Ethereum is about to rise
Ethereum’s Open Interest transcend An all-time high of over $13 billion – an increase of more than 40% in the past four months. This surge indicates increased investor interest and could herald a significant increase in Ethereum price. “Ethereum is going to go up,” Wacy predicted.
#6 Most Ethereum layer 2 will fail
Wacy expressed doubts about the proliferation of Ethereum layer 2 solutions. “The most promising L2s currently are Base and Mantle,” he commented. He warned that unless the Ethereum Foundation develops the “concept of L2 hubs,” 90% of L2 chains may not survive the next bear market cycle.
#7 Popular technology will succeed
“AI, DePIN, and RWA are the future. At least that’s what the retail industry thinks, so keep an eye on these trends,” Wacy advises. He believes that investors’ core capital should be invested only in these three most powerful narratives in the current bull market.
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#8 Non-critical narratives are great for speculation
Wacy highlighted the speculative potential of non-mainstream areas such as decentralized science (DeSci). “While it may not be popular, it has been and will continue to be well-motivated,” he said, suggesting there are opportunities for more risk-averse investors.
#9 Quantum encryption is gaining traction
“Quantum stocks have soared over 1,000% in just one month,” noted Wacy, who suggested that investors should monitor quantum-related crypto projects as the industry is likely to experience significant growth in the coming months.
#10 Be cautious about market sentiment
“Take what people say here with a grain of salt. They tend to be too bearish on a selloff and too bullish on a rally,” Vesey warned. He recommended a critical analysis of market sentiment indicators, which can be misleading in extreme market conditions.
#11 Timing is crucial when unloading altcoins
“When you’re thinking about dumping your altcoins and everyone is labeling you an absolute idiot, that’s your cue that it’s the perfect time to cash out,” Vesey advises. Contrarian strategies may provide altcoin investors with the best exit points.
#12 Value crypto analyst Cobie’s insights
“I think Cobie knows a little more about this market than we do,” Wacy said, referring to noted cryptocurrency analyst Cobie (@cobie). He suggested listening to Cobie’s, who said earlier in this cryptocurrency bull run that investors should focus 70% of their funds on cat-themed memecoins, 20% on other animal memecoins, and only 10% on other animal memecoins. % Invest in all other tokens for maximum profit.
#13 Traditional market rules still apply
“Although this cycle is significantly different from previous cycles, altcoin growth remains heavily dependent on Bitcoin’s dominance,” Vesey observed. Despite the new market dynamics, Bitcoin remains the most important influence on the broader cryptocurrency market.
#14 Market cycles remain the same
“The market is a cycle. Today it’s memes, tomorrow it’s technology, the day after tomorrow it’s regulations. Cycles are never canceled. Remember that,” Vesey stressed. Understanding the cyclical nature of the market can help investors navigate volatility.
#15 Strategic Investment Considerations
“Some may seek to profit on dips from an alpha play rather than trying to catch another risky beta play. Reflect on that,” Vesey concluded. He encouraged investors to focus on quality investments with strong fundamentals rather than chasing high-risk opportunities.
At press time, Bitcoin was trading at $94,875.
Featured image created using DALL.E, chart from TradingView.com
