đ Understanding Market Leaders: Early Birds (đŠ) vs Bull Market MVPs (âïž)
Hereâs how to distinguish two types of market leaders, using examples from the 2020-2021 bull run â LINk vs SOL:
Bottom Out Early: They bottom out alongside $BTC and take the early lead.
Pump Hardest in Early Bull Run:See massive gains in the initial stage of the bull market.
Peak Before BTC Price Discovery:Usually top out before #BTC enters its Price Discovery phase.
âïž Bull Market MVPs ($SOL):
New Entrants: Fresh projects that havenât experienced a bear market but quickly gain momentum once they hit the market.
Massive Gains Post-BTC Price Discovery: Achieve most of their gains after #BTCâ enters Price Discovery.
Top Out Last: Typically peak much later in the bull run.
đ A Closer Look at 2021:
LINK (Early Bird):Topped out in May 2021, making the bulk of its gains early in the bull run.
SOL (Bull Market MVP): Temporarily topped in May 2021, but broke its $58 top in August, eventually soaring to $260 by November!
đïž November 2021 Highlights:
#Bitcoinâ Made a Higher High (Cycle Top).
$SOL: Also made a Higher High (Cycle Top).
$LINK:Made a LOWER High, having topped out in May.
đĄ Key Takeaway:
When #BTC enters the Price Discovery phase, itâs often strategic to rotate out of Early Birds
đŠ like $LINK and into potential Bull Market MVPs
âïž like $SOL. This approach allows you to capture gains both early and late in the bull market cycle!
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#CryptoMarketMoves #MtGoxRepayments #BinanceLaunchpoolDOGS $SOL $LINK