Some altcoins peaked ahead of time? Halving cycle is the key
The halving cycle of many altcoins is different from that of BTC. The halving time is advanced, which may lead to the peak of the bull market earlier than BTC. In this round of bull market, the peak of some halving altcoins may come in April-May next year, which is worth paying attention to.
Why does the halving cycle affect the rhythm of the bull market?
• Supply and demand changes: After halving, the supply of new coins decreases, market expectations increase, and prices are easily raised.
• Fund rotation: Some altcoins halve before BTC, and funds will flow in ahead of time and drive the market.
• Emotional transmission: The price increase brought about by the halving of these currencies may form a market sentiment diffusion and attract more funds to enter the market.
Halving time and possible peak
The following are some typical halving altcoins and their characteristics:
1. LTC (Latiao)
• Halving has been completed (August 2023).
• The increase is obvious after each round of halving, and the market usually peaks half a year ahead of BTC.
• It is expected to reach the peak of this round in April-May next year.
2. DOGE
• It is not a traditional halving coin, but it is strongly linked to the market of currencies such as LTC due to the mining mechanism and community promotion.
• It may reach a high point ahead of schedule due to capital rotation next year.
3. ETC (Ethereum Classic)
• The halving time is earlier than BTC, and the anti-inflation logic is similar to BTC, and the market attention is high.
• The halving expectation pushes it to peak earlier in the bull market.
4. DASH/DOGE/BCH/BSV
• These currencies have a strong historical influence. Although they are not as popular as mainstream currencies, they may still cause a short-term outbreak due to capital inflows after halving.
• The high point may also appear before BTC.
Strategic recommendations
1. Arrange halving coins in advance
Currencies after halving usually have a clear growth cycle. It is necessary to pay attention to short-term fluctuations and arrange them in batches to avoid missing the opportunity to peak in advance.
2. Lock in profits in time
Gradually reduce positions before the expected high point in April-May next year to prevent missing the cashing opportunity due to sudden changes in market sentiment.
3. Pay attention to the rhythm of BTC
Although the halving coins have reached their peak earlier, the main wave of the BTC bull market is still the core of the market, and it is necessary to pay attention to the trend changes of BTC at the same time.
Summary: The halving cycle is closely related to the rhythm of the bull market. Some altcoins may reach their peak in advance in April-May next year. Seizing the early market and locking in profits in time is an important strategy to deal with this round of bull market!