And I have already forgotten those times that were just a couple of years ago. Even on weekends, cryptocurrencies do not rest, but grow by tens of percent for the third weekend in a row! The last time the trigger for such growth was a virus, after which central banks began printing trillions of $€£. Now the situation is similar, only there is no virus. But now there is a banking crisis, a mania for AI + buybacks of their shares from large corporations.
Anyone who carefully reads the channel knows that my optimism about the market is not groundless. The most important indicator on the market gave a signal in LONG (pinned post) 📈
➕ An additional sign in favor of the beginning of medium-term growth is the landing of teams of newcomers on the market. There is renewed interest in junk coins.
🐸 Everything related to memes is growing: $FLOKI (+765% per month) or $PEPE (+796% per month). 📶 Dog memes are also growing $SHIB (+276% per month). 🐶 And in last place is $DOGE (+107% per month).
A prank campaign with meme coins is no longer new. Initially, it was launched by Elon Musk in 20, and implemented already in 21, driving newcomers from all over the planet into the DOGE coin under the auspices of a joke. As a result, the DOGEusdt coin soared by +17000%!! As absurd as it may sound, meme coins were also very popular in the last bull cycle, so I wouldn’t be surprised if the candy wrappers from this post grow much higher.
🚀 By the way, all these coins were purchased for our Invest X portfolio at the end of last year. Artem and I have done a lot of work analyzing various promising assets - an ideal option for novice investors.
🎪 What does the sentiment indicator say?
The "fear and greed" index is still at "extreme greed" (84)! This indicator very accurately reflects the mood in the overall market and the fact that this indicator has been here for several months is starting to cause concern. “The feeling of further growth” becomes as if inevitable... a familiar feeling that has already passed...
Therefore, my instincts tell me that everything is about to go to a good correction in order to cool down all this fuss. So far we don’t see any factors for a trend reversal, so perhaps we’ll go even higher. I think in March and April, for all newcomers who have come, the market will still give the opportunity to purchase at a lower price.
💎 In our investment club we will use this moment to open new longs. The cash came from the profit that we recorded from previous positions gained.
🏁 With the horizon until the end of this year, I expect everything to still grow a lot. Many will then regret that they did not buy at the levels of early 2024. This is what happens in bull markets and we are just starting to enter a new one!
🎉 Now there are very generous days in our portfolios - congratulations on this holiday! I suggest using this time wisely and thinking ahead a little.
