Market Insights Under the Bitcoin Vampire Market: Four Major Patterns and Innovation Opportunities

The recent trend of Bitcoin shows a self-reinforcing bloodsucking market. This trend was initially limited to attracting funds from other Crypto Assets, but has recently expanded to on-chain popular Tokens.

When observing market sentiment in the morning, I found that pessimism was pervasive on social media. Many people began to lean towards the views of crypto nihilism and Bitcoin maximalism. Some respected traders and industry veterans even lamented that "the altcoin season has ended."

According to historical data analysis from a certain data platform, there are four main relationship patterns between Bitcoin and other Crypto Assets:

1. Double Rise Mode: Bitcoin and other Crypto Assets rise simultaneously, while Bitcoin's market cap share may fluctuate or decline. This usually occurs during the boom period of a bull market and is a good time to increase investments.

2. Double decline mode: Bitcoin and other Crypto Assets are falling simultaneously. At this time, risk should be reduced, and more attention should be paid to stablecoins and mainstream Tokens. Long-term investors can consider dollar-cost averaging or buying on dips strategies.

3. Bitcoin falls while others rise: This situation is relatively rare and usually occurs during slight fluctuations of Bitcoin, possibly indicating a short-term altcoin market.

4. Bitcoin rises while others fall: Bitcoin outperforms the market, with its market capitalization continuously reaching new highs. This situation is often seen before a halving cycle or at the beginning of a bull market, and it may be a good opportunity to accumulate other crypto assets.

The market currently seems to be in the fourth mode. However, the decoupling of Bitcoin from other Crypto Assets in this round is far beyond historical precedents in both degree and duration.

After the approval of the Bitcoin spot ETF, the market is concerned that the capital allocation model may change. A certain company's stock has become a popular trading target in the US stock market, seemingly confirming this worry, making the pessimistic outlook for altcoins more convincing.

Nevertheless, as an optimist in the crypto industry, I can still see rapid innovations in multiple areas, such as chain abstraction, payment finance, Web3 AI agents, the Bitcoin ecosystem, and more. In some emerging fields, such as popular tokens and consumer chains, there is still a strong momentum of growth. Therefore, declaring the "end of history" for altcoins at this moment seems to me to be an irrational emotional reaction.

If the current market makes you feel anxious and confused, you might want to pay attention to some actively developing projects, such as:

• On-Chain Abstraction Infrastructure
• On-chain Abstract Comprehensive Application
• A new paradigm infrastructure from the cross-chain ecosystem
• Idealistic projects in the Bitcoin ecosystem
• Bitcoin Layer 2 network supported by large Bitcoin mining companies
• Collaborating with well-known venture capital to develop an AI agent asset issuance platform
• A certain public chain's layer two network successfully attracts a large number of fans on short video platforms.

Maintaining inner peace is key to dealing with market volatility. In the tumult of trading, calmness and self-control are our best allies.