On December 10th, the account finally improved a little.

Let's start with yesterday's HumidiFi hit the new one, it's really fragrant. After getting the cost price, it tripled, and I took half of it to an exchange. Someone asked if he wanted to continue to hold it? I think it can. After all, the big market has not yet moved, and the market value space is still there. When a compliance platform is officially announced to be launched, it will not be too late to ship at that time.

Why did this project take off? To put it bluntly, there are four points: solid fundamentals, low enough pre-sale prices, 100% token circulation without lock-up routines, plus the face project of the first new project of a DEX platform. Now is the time to pay more attention to the Solana ecosystem, and the Wall Street gameplay on the chain is becoming more and more mature.

In the past few days, a bunch of new opportunities have popped up, and I probably took a look:
• Octra (12/18-25) pre-sale valuation of 200 million
• Gensyn (12/15-20) UK auction, valuation range 1 million to 1 billion
• Rainbow (12/11-18) presale valuation of 100 million
• FootballFun has not yet released details
• Superform is valued at 90 million as of today
• Fogo (12/17) is a first-come, first-served basis, with a valuation of 100 million but the unlock mechanism sucks
• HashKey (12/9-12) IPO presale

To be honest, these projects are either outrageously priced or unlocked terms to pit people. The only thing worth betting on may be Gensyn's auction mechanism. Don't be blind at this stage, if you see a good target, you will do it heavily, and don't even look at the garbage project.

Recently, there have been more voices of bullish Bitcoin again. The Fed's interest rate cut and quantitative tightening have stopped, and market liquidity is indeed improving, which is good for currency prices in the short term. But I personally think this can only support the rebound market. To talk about a long-term bull market, we have to look at two things: whether there are signs of real breaking the circle in crypto applications, and whether there is more hard-core substantive support at the policy level. Without these two, the current rise is a technical rebound. Summary in one sentence - the external environment alone is not enough, you have to have real skills.

By the way, news came from the Russian side, and their president said something very encouraging: "No one can ban Bitcoin." This is a blessing of faith.

Yesterday I compiled observation notes for 16 DeFi projects and posted them on my homepage. If you are interested in having a deep chat, come at any time.

The above are personal opinions and do not constitute investment advice.