CryptoNikkoid

TOTAL2 market bullish. Altcoions are back in the game

Long
CryptoNikkoid Updated   
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $

The first 30% of this bull run has been dominated by the BTC and ETF narrative. A massive FOMO, unprecedented, has propelled BTC beyond its all-time high (ATH) even before the halving. However, when retail investors began purchasing at prices above 70k, smart money decided to take profits, leading us into a downtrend for BTC.

We are now witnessing the end of the ETF-induced FOMO for Bitcoin and a return to a fundamentally stronger bull run.

Adjusted for inflation, we are actually only 30% into the bull run cycle, just after the halving and before the parabolic move of BTC. This retracement might go lower, as the expectations for the ETF were so high that the retracement could be quite substantial.

Is it time to sell all your BTC and wait with cash for the bottom? Some might do that, but there is a risk: missing the recovery. Everyone has to sleep, and this can happen in hours.

Some smarter investors have noticed that the altcoin market has basically been stagnant, with a 100% increase while BTC was soaring by 300%, and has been largely ignored because the focus was all on BTC and the unrealistic ETF expectations.

These smart investors are seizing the opportunity to buy great projects at bargain prices and are poised to make substantial profits. Money is moving from BTC to altcoins, and I believe this trend will continue, since BTC lacks a compelling narrative.

While BTC is resetting and gearing up for the final parabolic move, altcoins will become very attractive, and smart money will invest in solid projects, memes, and everything else that has been overlooked.

I predict we will have two altcoin seasons, one starting now while BTC is resetting, and another after BTC reaches its peak and begins to fall into a bear market.

Investing in solid and low-risk altcoins like PEPE , BONK , SOL , AVAX , INJ , OP , SUI , RUNE , etc., should be more rewarding than buying BTC in the next two months.

This is not investment advice, merely an opinion. Do your own research (DYOR), and remember that anything can happen in the highly volatile crypto market.
Comment:
Things are going in the right direction since I have posted. Altcoins are growing more than BTC and this going to continue for a while. I hope that you enjoy the ride, chose your alts carefully, not all are good!
Comment:
Continuation upward, the more BTC lateralize the more the alts will grow. Choose your alts carefully tho, not all with pump.
Comment:
Still in the golden pocket area, waiting for a breakout if we go over 0.382 we might see a little alt season. Patience.

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