💬 Finally, what we have been waiting for so long has begun, and finally, for most assets, the market is showing green bars in the hundreds of percent.
📉Our hypothesis was about the decrease in dominance, and as we can see, the first target has been fully achieved.
⭕Although everything is maximally green, most in the market are experiencing greed or FOMO from missed movement, but in reality, this is the most dangerous period when the most emotional mistakes will be made.
🔴The market is entering an overheated phase, and while we can still grow for a long time in euphoria, corrections will happen, and they will be extremely unpleasant.
Personally, I have now switched to a risk management mode; for many assets, we have entered problematic zones and achieved medium-term goals. Many have formed overheating formations and shown local weaknesses, so the market will soon be asking for a unload.
📈 This hypothesis also applies to the bounce in dominance. We have shown the first significant movement, and the bounce in dominance can occur only in two cases: if Bitcoin grows stronger than altcoins, or if altcoins drop stronger than Bitcoin.
🟠If you are out of position - ideally wait until the market starts to cool down a bit from overheating and emotions. Jumping in at current prices is like jumping into a meat grinder with the risk of being liquidated.
In the medium term, we continue to look strong, but locally it is already advisable to show unloads to avoid overheating too quickly.