The altcoin season is still ongoing, but it’s not the altcoins we are holding🤣🤣
Looking at $XRP, $ADA, $XLM, ... or even $SOL which are rising quite strongly, we can see that capital is starting to flow into the TOPCAP niche.
Previously, it was pushing memecoins - now it's pushing Topcoins and old coins => Even patient holders are getting anxious.
I checked and saw that the AI and RWA systems are really looking good.
- The AI chart looks nice, definitely $WLD vs $ARKM, and for small market caps, pay attention to $NFP, $AI, $PHB, ... these coins could yield high ROI if they run. => The common point for large charts is that they all have very high Volume, compressing for a long time waiting for a wave.
- For RWA, I see $ONDO, $AVAX , and another one is $BICO, the chart has high volume + accumulation and looks quite nice.
Additionally, regarding the Topcap, I see $LTC looking good, guys.
$ETH is currently showing a decent weekly candle, perhaps ETH will soon head towards resistance at 3K5 and will touch the upper BOL.
The ideal scenario is for $ETH to touch the BOL and then move sideways or fluctuate slightly to shake out traders for a few weeks like last season (2020), before entering the year of the wave-running cycle.
If $ETH goes up, then companions and descendants will have a real stage to perform, AE. Truly the essence of #Altcoin season. This year's Tet is warm in the heart, AE. 😁😁🤭🤭
✅Sleeping Gold Mine (RWA) - Chain Link People often share the saying in this market that the less noticed something is, the more powerful it proves its position, surprising investors, and the RWA trend is no different. It emerged in the middle of the year like a wave when KOLs and market makers continuously released media pieces about RWA. Among them are many names like Ondo, Pendle, Maple, Chain Link... and most recently, Usual is preparing to list on Binance.
Personally, I am focusing on Chain Link for the following reasons >> With a long history, it is one of the tokens with historical significance, established in 2017, and has now been around for 7 years. This timeframe is enough to prove its market position as well as its safety. Mission: Link was created with the role of a smart contract with the mission of solving bandwidth and data issues for contracts, which shows the vast potential of Link.
Some notable milestones: As of now, Chainlink has achieved several notable milestones as follows: Expanded to 15 blockchains such as Ethereum, BNB Chain, Avalanche, Fantom, ... Has 7 small products serving the developer community and DeFi projects. There are over 1,500 partners using or providing data for Chainlink. Has provided over 4.2 billion on-chain data requests and 8 million VRF requests.
With a price that is almost saturated with recent growth, it has not really reached the maximum potential of Chain Link. A better position will help this token attract investors as well as better capital flows, and with what Chain Link is currently demonstrating, reclaiming its ATH and creating a new higher value that could multiply by 5 to 10 times in the future is not difficult.
$SUI could be the L1 card chosen to play strong for this cycle - SUI Volume on Coinbase is very high
Many brothers missed the boat, optimizing their exit lost SUI from around the old peak of $2.
- A few started to short out of frustration
- The rest are eagerly looking for the next $SUI .
This is quite a common way of playing among most users => Most are starting to choose $APT as the next $SUI .
I don't know if APT will rise strongly like SUI did, but I have a few opinions:
- Last season $SOL started to rise from $5 -> $25, hardly anyone dared to buy SOL while still revolving around the problem of next $SOL
- Currently, I see a similar situation repeating at $SUI . I agree that in a Bullrun everything will rise, but to choose another coin besides SUI and bet on its rise like SUI seems impractical.
=> Because for example, if APT can rise 5 times from the current price, I see SUI may even perform better than that.
- Once a coin is chosen, MM will push it to a level that few dare to imagine. So if you have the coin, just hold it, don’t be tempted to jump in and out.
The condition for x to grow in a Bullrun besides holding a good coin is to hold it long enough.
As for the x100 problem, there are many, but x2 has already cleared more coins in the port.
This purchase at L2, I think $STRK will be the most pushed one
Just L2 $ETH, soon launching another L2 $BTC , the flow of money going back and forth is just crazy.
This section is the bottom of $STRK and most of the circulating tokens are already in the hands of the house => just waiting for the right timing and it will be pushed.
$SUI is still the same, still slowly moving forward to conquer new ATH zones!
$SUI has a new ATH of $3.6 and will continue to grow sustainably.
In the early days of its launch, despite the curses of SUI Scam everywhere, SUI Dev still worked hard and built SUI's internal strength with many great projects. The proof is that in this period, many SUI projects have been listed on exchanges and Cetus Dex SUi has been on Binance.
This season, the luckiest thing is to believe and hold SUI from the difficult days of SUI in 2023 and will continue to stick with SUI in the coming time.
Congratulations to the SUI holders because the SUI holding account is growing steadily
Everyone wants to have a beautiful and explosive altcoinss season!!!
Altcoin season is always something that all of us want and aim for, because we all mainly hold altcoins in our Port.
We have now seen that BTC has done a great job in attracting media attention as many news and event media have reported on Bitcoin surpassing the $90k mark in recent days.
Then, on top of that, Musk is actively shill writing a lot of articles related to memecoins and a lot of them are flying very strong, from old meme coins like Doge, to this season's trend leader.
Are there still any brothers holding full $USDT waiting?
Patience has 2 cases:
- Holding a coin patiently - Holding $USDT and waiting for a view towards 30-40k, then just patiently waiting for the next season :))))
1 Weekly candle at 13k price - This week, how much do you think $BTC will rise?
For me, this week $BTC just needs to move within a small range of about 3k in price for Altcoins to have room to perform, without needing to rise too strongly.
So, the 2 big news this month are the Election and Interest Rate Cut!
$BTC is still fluctuating around the 75-76k threshold. News will probably be absorbed completely today.
The price may fluctuate at the end of the week or the beginning of next week. I still think $BTC will have to return to the small 7x (1-2) first before moving up to 8x.
The Onchain indicators I observe warn friends with large leverage to be careful not to get too carried away, while for spot, consider buying more on the dip.
$BTC 's correction will of course cause most Altcoins to follow, so if there is a stable price range, just boldly buy to catch the strong waves ahead. Waiting for 40k-30k would be unwise as it's not the right time to wait.
MM has deposited a lot into stable, so when the price corrects, they will buy. I will observe and update more for everyone.
This is what we have been waiting for, $BTC continues the upward trend, every few K in price, Altcoin has run dozens of % in a day, BTC has a new ATH, after 9 months from a positive account to a negative one, enduring the market's torment, the opportunity to "shine bright" is coming soon.
Breaking out of the sw 6X zone, breaking the ATH, we are seeing opportunities, the belief that the cycle will repeat is gradually becoming a reality, those who were "punished" last time and couldn’t stand it are probably worried now, the bookmakers remain the same, only investors tend to worry unnecessarily.
Thanks to the 6k candle in one day, you can take a look at the 3D frame, the W has become much prettier, the upward trend started at the end of September, if we continue to stick to the upper BOL line going up, it will be no different from the end of last year.
At this point, we are just getting started, we have waited and endured for a long time, so don’t be greedy or think about optimizing, if the coin has been selected, just stay still and wait for your turn, don’t cut your coin to chase after others just because you see them running.
After taking a round yesterday, you will see quite a few people after $SUI I rose again and $CETUS also increased by 20-30% immediately sold to switch to another that hasn't taken off yet, but after the news of being listed on Binance, it doubled, at that point, you can only regret and do nothing. Even $SUI is doing well and approaching the TOP 10 in market capitalization, CETUS in the long term may still increase further, and then the regret will be even greater.
Perhaps, at this point, it is better to delete the app, lock the machine in a safe because sitting still might lead to temptation :))
Data from the past shows that the price $BTC increases after each election, and this time the likelihood of repeating it is obvious, but most of the community is quite pessimistic about the market because accounts are still being divided quite a bit.
- The years with Bitcoin Halving coincide with the years of the U.S. presidential elections, both are major events affecting the price of Bitcoin in particular and the economy in general.
- These periods are also phases where inflation is gradually being controlled and interest rates are lowered.
- Eventually, everything will return to normal, BTC will still break ATH, and there will still be an altcoin season.
- However, the gloomy atmosphere still envelops the entire market; most altcoins are being divided quite a bit because BTC is still unstable and has not yielded market share to the altcoins.
- This month there will be 2 extremely important news: the result of the U.S. presidential election and the news of interest rate cuts; we may have to wait for these 2 pieces of news to come out and for BTC to stabilize a bit more before we can hope for the altcoins to turn green again.
$BTC has closed the weekly candle with a green candle, still showing a chance for further price increase this week. A very important week for the financial market, as all eyes are on the election in the USA.
However, Altcoin is not as good as $BTC , yesterday Altcoin witnessed a bloodbath, those that increased significantly in the recent mini wave are still fine, while most others are testing the bottom at 5/8, and some have even slightly declined.
Most Altcoins have gone sideways for over 10 weekly candles with low trading volume. Last season, those that xx had not experienced such a long time => Indeed, each season is different and the market makers can sketch out any scenario.
The market is becoming stronger, big players have jumped in, the big brother USA has accepted, we just need to wait for specific regulations and the popularization of Crypto will be wide open, with an increasing number of experienced players and knowledge. Therefore, it takes more time for market makers to set prices and shake out weak hands, which is something we need to understand and be mentally prepared for.
Historically, holders have had the advantage, newcomers looking at the past, looking at the chart will see how good the previous season was, how lucky certain individuals were, they only see the results, but do not know that to play the game, those individuals had to go through a lot of pain and psychological torment to achieve those results.
Knowledge - experience - trials - a bit of boldness is not something everyone has in them, many people have changed their positions in previous seasons but very many have stopped at the gates of paradise.
To accept change or to stop playing? Decisions have never been easy.
$BTC continues to decline slightly, which causes Altcoin to bleed as well. The situation remains the same: when it goes up, Altcoin stands still; when it goes down, Altcoin follows. For the past 4 months, $BTC has been running like this, each beginning of the month it drops down a notch, discouraging traders.
Currently, most Altcoins are still at the bottom, so holders are probably not too worried about the assets they have bought. Only when the price is halved compared to the current value will holders start to feel a bit disappointed.
⭐When will the Altcoin season come? Perhaps at this moment, most of us are waiting because $BTC is about to break ATH but while many altcoins are still lagging and touching the bottom
- Now, for there to be an altcoin season, I think BTC needs to break ATH a bit or at least must stay above the 70k mark
- At the same time, the BTC.D market share starts to decrease and breaks the upward trendline on the daily frame, falling to 57%, currently it is at 60%
- Because right now, in general, only BTC is running alone while most of our accounts have not even returned to shore due to the drop sharing 3 to 4 times over the past six months
- When altcoins rise, first $ETH will have to increase first, if ETH makes a pump candle of 20 to 30%, then we can hope that the money flow will start to flow back into altcoins more... for now, the task is to continue to be patient and wait... altcoin season coming soon...
Round and round it goes, and it's almost the end of October, and $BTC is about to complete its first M candle in Q4!
If we look at the current month candle of $BTC , it is still a long green candle with a decent wick. In the long term, it will still trend upwards, but in the short term, there will be fluctuations.
- The pre-election period is always a time of significant news volatility.
- A few days before the month-end candle closes, the market will also fluctuate to liquidate long and short positions.
I am still placing a long bet on breaking out of the 70k zone of $BTC , and Dominance (Dom) will also rise accordingly. Altcoins will follow BTC by one cycle similar to October 23.
Dom and USDT.D are also at quite a high threshold; while there is a possibility of further increase, a decrease in the near future is certainly going to happen. When it occurs, it will be a phase of all explosions. However, this season will explode according to each trend and narrative, not everything will necessarily rise.
I still expect Dom to hover around ~60-63% before starting to decline.
Currently, you can choose to rotate around L1, AI, RWA, and a bit of Memecoin, and that will be fine. L2 will still be fine; however, the profit margins will be hard to compare with those niches.
The holders' accounts are getting another boom. If Iran and Israel fight, you guys will get enough :))
$BTC only decreased by 500-1000 in price but Altcoins disappeared by 20-30% Times like this are good times for those who don't have any goods to choose goods to buy, when the season comes, there will be goods to close the profit.
As I shared, how to allocate and manage capital to buy goods. Don't put all your capital in at once, but divide the capital into 3-4 parts in case the current price still has the possibility of being pushed down, we can still have capital to continue DCA, avoiding being caught at the top.