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cryptic1
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Ngl feels kinda bottomy……
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cryptic1
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If this uptrend sustains over the weekend then expect a serious runner to emerge over the next week. Think of $Mubi or $Gnus, both emerged at the early stages of uptrends.
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Given how beaten down alts were, I really don’t think it’s the time to be venturing too far down the risk curve. The main contenders of each narrative are the best bets right now. Look at $Tao and $Fet for example. Have outperformed the Ai plays whilst carrying the least risk. The time for riskier plays will come after a more sustained uptrend in the market.
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Unsure of what happens in September. My guess is some chop initially and finish the month strong. I think October will be choppy though due to election uncertainty. Not sold on the pumpy month most are expecting. November and December is when I expect things to get real fun though. The markets will pump at least initially regardless of who wins the election. I believe we already had the lows in August but I expect one more dip in the next 6 weeks which will likely be the last chance to really load up before eoy. Forget about the short term, whatever happens the coming months will be bullish. Dips are for buying.
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So at what point do we start to admit that eth is just cooked for this cycle
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