Crypto Cycle Survival Rules: Focus on Cash Flow and Consensus

Bitget's latest article has provided a framework for navigating the current crypto cycle. According to the author, Haotian, the market has shifted from prioritizing stories and expectations to focusing on cash flow and fundamentals. This change is reflected in four key survival rules for traders:

The first rule emphasizes projects with genuine value-capture capabilities, such as those generating fees continuously through buybacks, burns, or dividends. The author cites examples like UNI, PUMP, and HYPE.

The second rule suggests choosing projects that have achieved a complete closed loop, including real users, transaction loops, and income generation. Projects with practical use cases, such as ONDO and VVV, are highlighted as strong contenders.

The third rule emphasizes the importance of consensus in crypto, citing long-standing assets like DOGE, PEPE, PEOPLE, ZEC, and TAO. These tokens have naturally developed resilience across multiple cycles and maintain good liquidity.

Finally, the author advises against investing in pure VC tokens due to their high FDV, low circulating supply, and potential for large unlocks that can dump on the market.