There are still "36" days to the start of the alt season
>> Modified the statement: The last round of alt season began on 2020/12/28 "BTC.D peaked and then fell rapidly", and finally on 2022/01/21 "$BTC fell below the rising resistance line, and altcoins avalanche"
>> Daily indicators: ETH/BTC
- Observation of ETH/BTC can be roughly divided into Ethereum bulls and other alt bulls, and liquidity is from $BTC - $ETH - other currencies, spilling out step by step
- $ETH is the engine of the last round of alt bulls and took the lead in rising. Whether this round of alt bulls will be led by $ETH is still unknown, but there will always be a sector that will take the lead in emerging, starting from not following the decline of the big pie to sucking blood from the big pie. At present, it seems that "high-performance L1", "Move public chain", and "super Meme bred by extreme listing policies" are more likely
- 2024/11/16|There are still "36" days to the alt season
- BTC.D = 60.9%|Continued to rise
- ETH/BTC = 3.4%|Break through the new low and fall to the lowest level of this cycle. Whether it is the darkness before dawn or the last struggle will soon be known. In other words, this is also the most profitable position for position change
- Copycat Index = 33|Not equivalent to Meme Index, let alone Pumpfun Index. The overall secondary market is still in a state of panic
- Sentiment Index = 80|Stay high, but only in the Meme sector
>> Some PvP experience
1️⃣Don't be afraid of high prices in a bull market. A bull market is for chasing high prices. It is not necessary to eat the increase from the beginning to the end. From 100k to 1m is the way of playing for the first-level meme, and from 100m to 1b is the way of playing for the second-level copycat. In short, making money is the goal, and the increase is the process. You cannot pursue exaggerated multiples until it returns to zero, nor can you refuse to get on the train because of the limited room for increase
2️⃣Information is life, and insider information is money. The wealth-creating effect can not only attract retail investors but also attract dev. If you are lucky enough to be selected by dev, you will start a money printing machine.
3️⃣The cryptocurrency market is highly inefficient. From seeing the news to the emotions generated, there is enough time to think and get on the train. In other words, "golden dogs don't roll, and rolled dogs are not gold." Don't make the wrong idea that "I have seen it, so I must have no chance long ago."
>> Personal operation: continue to hold Bitcoin in the secondary market, and actively integrate cabal in the primary market