Bitget Research: German Government Wallet Continues to Sell Off, Crypto Market Faces Liquidity Crisis and Drops Across the Board
In the past 24 hours, many new popular tokens and topics have emerged in the market, which are likely to be the next wealth creation opportunities.
In the past 24 hours, many new popular tokens and topics have emerged in the market, which are likely to be the next wealth creation opportunities.
Overview
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Sectors with strong wealth creation effect: Ethereum ecosystem and AI sector.
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Top searched tokens and topics: Unisat, Hamster, and Tapswap.
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Potential airdrop opportunities: Magic Eden Wallet and Movement.
1. Market Environment
2. Wealth Creation Sectors
2.1 Sectors to Focus on Next — ETH Ecosystem
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The planned listing of the spot Ethereum ETF on July 4 did not materialize, leading to a decline in some tokens within the Ethereum ecosystem. However, there remains a chance for the ETF to launch in mid-July, presenting a potential rebound opportunity for these tokens due to an oversold bounce.
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James Seyffart, a Bloomberg ETF analyst, mentioned in a social media post that the asset management company Bitwise has submitted a revised S-1 form for their spot Ethereum ETF, a few days ahead of the July 8 deadline. He also mentioned that they expect other issuers to submit more revised S-1 forms this week, and that these products could likely hit the market later next week or during the week of the 15th.
2.2 Sectors to Focus on Next — AI Sector
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Recently launched AI infrastructure projects like IO and ATH have garnered widespread attention. These projects, serving as platforms, can generate stable cash flows. Additionally, the AI narrative, being at the core of global technology discourse, continually enhances the valuation of AI projects in the crypto industry.
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Due to the recent market downturn, tokens within the AI sector have experienced significant pullbacks, with short-term market sentiment leading to overselling. A rebound in market conditions is expected to bring a strong recovery in value.
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AI narrative: Projects like IO and ATH are AI computational power supply platforms, classified as infrastructure projects. If these projects can establish partnerships with mainstream technology companies, such as with Apple, Microsoft, or Nvidia, the valuation of their tokens could naturally increase.
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Core data on ecosystem development: For platform-type projects, cash flow is relatively transparent. If the demand for the platforms continue to develop healthily and produce stable cash flows, the valuation of their tokens will enter a positive cycle.
3. Top Searches
3.1 Popular DApps
3.2 X (former Twitter)

3.3 Google Search (Global and Regional)

4. Potential Airdrop Opportunities
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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