Is the alt season coming?
🧙♂️
Recently, I have run Timesfm with different hyperparameters to determine the trend of BTC. The prediction results are all double-top structures, and BTC will slowly fall to $30,000.
This prediction result is contrary to my usual market judgment, but consistent with many technical analysis masters of short positions. The possible reason is that Timesfm and the masters only look at price signals.
If we follow the multi-factor superposition analysis framework, since this round of the Federal Reserve's monetary policy cycle has been delayed by one year compared with the previous one, we are now not in 2020, the starting year of the last super bull market, but in 2019, the preparatory stage.
Affected by the Federal Reserve's basic determination to cut interest rates in September, the market risk preference has returned, and the market in the second half of 2024 will break the inherent market perception. 👗: xntm566 altcoins will perform much better than Bitcoin, and the altcoins that everyone has been calling for may really come this time.
Take Aevo as an example. I bought two stocks at 0.36U in the waterfall at the beginning of the month. So far, I have made a profit of more than 40%.
In the early stage of the copycat season, we don’t need to pay too much attention to narratives and sectors. We only need to find targets according to the principle of oversold + high liquidity, and then hold them until the news of interest rate cuts is released.
