How to seek Alpha returns in this bull market?
Discover strategies to identify high-yield opportunities, analyze market trends, and optimize your investment portfolio to maximize gains during this bullish phase.

Author: Haotian

Everyone is shouting that the bull market is coming, but do you realize that the methodology for seeking market Alpha and Beta has completely changed? Here are some observations:

1. OnChain + OffChain TradFi as the Main Narrative

Stablecoin Infrastructure: Stablecoins are becoming the “blood” connecting traditional finance and DeFi infrastructure, with cross-chain liquidity locking, APY yield differentials, and new innovative expansions;

BTC/ETH Micro Strategies “Token-Equity” Effect: Incorporating crypto assets into corporate balance sheets is becoming a trend, and identifying high-quality targets with “quasi-reserve assets” is key;

Emergence of Wall Street Innovation Tracks: DeFi protocols, compliant yield products, and on-chain asset management tools designed for institutions will attract massive capital. The original “Code is Law” has evolved into the new “Compliance is King”;

2. Accelerating the True Deception and Clarification of Pure Crypto Native Narratives

Ethereum Ecosystem Revival: A surge in $ETH price will reignite innovation in Ethereum’s technical narrative, replacing the previous Rollup-Centric grand strategy, with a new ZK-Centric trend taking the lead;

High-Performance Layer1 Competition: No longer just TPS races, but who can attract real economic activity. Key metrics include: stablecoin TVL share, native APY yields, institutional partnership depth, etc.;

Last Dusk of Altcoins: The widespread altcoin season faces fundamental issues of insufficient capital momentum. Some altcoins may experience “dead cat bounce” patterns. Characteristics include: concentration of chips, community activity, and whether they can leverage new concepts like AI/RWA;

3. Meme Coins Evolving from Speculative Tools to Market Standard

Capital Efficiency: Traditional altcoins with inflated market caps and liquidity shortages are being replaced by Meme coins, which, due to fair launches and high turnover, are becoming new favorites, capturing most of the dying altcoin market share;

Attention Economy Dominance: Influencer impact, community culture, and FOMO-driven hot topics remain core competitive advantages. Liquidity distribution still follows the law of attention;

New Indicators of Public Chain Strength: Market activity of Meme coins will become an important standard for measuring the overall strength of public chains.

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