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Without saying too much, let me talk about my recent operations and future outlook.
1. Bullish on RWA Narrative
The RWA narrative is a US policy narrative. As I mentioned before, don't overthink it, it's just a policy-driven positive narrative attracting market mindshare (from a hype perspective).
Bought $PLUME $SYRUP (Maple Finance). Plume is an RWA Layer1, primarily focused on RWAFi, with a good background, many institutional collaborations, and strong backing. SYRUP is an Ethereum RWA DeFi product I've been following for a while, which I previously mentioned for token swapping, now listed on Binance futures. Ondo doesn't seem cost-effective to me.
Also need to pay attention to Solana RWA. Considering building a position.
2. AI
Currently, AI's problem is that the sub-narrative is thin under the grand narrative, and there are no significant events from Web2. However, the market will still rank AI narrative at the highest level. Token rebounds are strong, but lacking a main upward wave catalyst.
Currently, I'm participating in @virtuals_io's new token launch, buying new plates without anything particularly eye-catching (unlike the initial Aixbt impression). Bought $GLORIA $WHIM, both lottery positions. Then tracking contract data and inflows/outflows, buying some old coins from the previous AI Agent era. DeFAI and GamFAI don't have many standout options. Bought some $PROMPT at 0.28 and sold all at 0.35.
What I'm optimistic about in the future, as I mentioned before, are things that can unlock new data. In the crypto world, this corresponds to DePAI, capturing physical world data through sensors. But also need to watch for emerging small narratives, which may present opportunities, like $DARK corresponding to MCP.
I still hold $TAO with a small position, doing some dTAO-related trades. Now I realize that dTAO inflates too quickly, can only do event trading, and must take profits timely, not for long-term holding. Selling pressure is quite significant. If approached this way, it would be better. Retreat promptly if it drops. This is something I didn't do well before. Also, can pay attention to $BID, as they're deeply connected to the Bittensor ecosystem.
3. Layer1
$AVAX Adventure Island (listed on Binance Alpha and Bithumb Korean spot), very hot. This game's listing is positive for $AVAX. Then I bought another game-related concept on $AVAX, $GUN.
Reducing $INIT position, bought at 0.77, will reduce while it rises. $BERA will be sold if it weakens, with a cost basis of 3.5.
4. Others
$SIGN, with app listing expectations and shill from a big brother.
Finally⬇️
1. Quick entry, reduce position as it rises.
2. For coins with high holdings from certain institutions, take smaller positions.
3. Focus on 5 or fewer coins on the main line, treat other promising coins with a lottery position mindset (currently my main line is $AVAX $PLUME $SYRUP $SIGN).
