🔒【Crypto AK43 Weekly Report Supplement】
BTC's dominance has dropped to 53.5%
The third phase of the bull market has already started
The third phase won't be so easy to make profits across the board
You need to have sharp eyes 🔍
Market overview
BTC's dominance has dropped to 53.5%
[Currently, the dominant position is in a downward trend]
Greed index 78【A significant decrease compared to last week】
Altcoin season index was 90 last week
This week has approached 76 (the bottom is at 25)
Annual altcoin index 56
Highest in 2021 was 94【Need to pay attention to sell all when reaching above 90】
Only 4% away from the past high of the seasonal index
I already told you last week
Last week, there was already a clear probability of a short-term market correction
Probability of a pullback 60%
Annual altcoin index 56 is currently in the middle region
The bottom area is at 25
It's hard to have the days of waiting for a rise in a fully ambushed market
Currently, there are only opportunities to enter midway or wait for the market correction phase to enter
Altcoins should be developed at a 20% rate
To be serious (I don't really want to buy a lot of coins in a bull market)
Caution ⚠️
If social attention surges and BTC's dominance rises rapidly
Funds are currently flowing into BTC, it's time to initiate the switching strategy
Step-down strategy for altcoins to switch to mainstream coins or BTC
Prepare for the fourth phase of the bull market
(In the tail phase, the market cap increase is larger)
Bull market phase switching strategy
Strategy change:
The bull market has entered the early stage of phase three
Plan to switch from BTC to ETH around November 15 ----- Target ETH 3800-4000【ETH has reached 4000, this is a strong resistance position that needs time to repair, spot testing in the 38-36 range can be purchased in batches】
Completed since the last 24-year high ✅
The next step is 18% away from the new high of the 2021 bull market
SOL
Still in the daily support zone
[Currently still in a fluctuation phase, waiting for an oversold signal on the 4-hour chart]
Market game:
Last week's total market cap grew to 3.7T
My next target is 4.5T
SOL in a fluctuating trend (also a stage you can pay attention to for purchasing)
Currently not a comprehensive bullish market
The first phase of rotation is complete ✔️
When MEME rises again, the total market cap hasn't increased
That is the short-term adjustment phase of the market
The market has entered a clearly rotating phase
And not the comprehensive bullish market of the first phase
Divergent performance:
Altcoin performances are varied
JASMY performed best last week
BGB increased by 80% in a week, quite remarkable
RNDR increased by 48%
STX increased by 40%
Pender 31%
ARB, ATOM, KAS, etc. are still underperforming BTC
Phase two has restored market confidence (at this moment, retail investors are busy selling out and missing out)
Initial signs of a fluctuating structure in phase three
【Most likely will need another week, around the 15th】
Review of phase two and outlook for phase three 🔍
Phase two:
Market confidence is recovering, retail investors are switching assets and cutting losses before a rise
After the rise, retail investors missed out; ENS, XRP are in a rapid growth mode and have reached a key resistance level, need to judge the new direction after fluctuations
Maintain consistency with last week's view [Handshake]
Early stage of phase three:
Expect the market to adjust and choose a new direction 🧭
Rapid increases like ENS, XRP
Can reduce positions; switching to SOL is your best option right now
Maximum position in mainstream ETH
Secondly, maintain an important position in SOL
📊 Sector performance and strategy
Sector performance:
In phase two, MEME, old mainstream, and DeFi performed excellently
RAY, ENS, BONK, DOT, CRV, HBAR performed well
Phase three strategy:
Mainstream ETH, SOL
Rotate positions to SOL during ETH fluctuations
Grabbing the leading sector is the focus
Look to the leading coins to determine direction ----- After the leader rises, look for the second leader
[You can go to the square to see my posts for methods]
Potential sectors:
AI, RWA DeFi, BTC ecosystem, new public chains, gaming sector
(The gaming sector is the most feasible for blockchain)
ETF speculative coins
SOL HBAR XRP AVAX ADA
Core positions focus on leading coins
New investors should hold coins with cost advantages
Double the investment and realize 0 cost holdings, then look for the next coin to continue this strategy
🔐 Risk control and operational advice
Account separation:
Separate spot, contracts, and stablecoins; risk control must be in mind at all times
Safety measures:
Avoid black swan events
Trading platforms are stable, implementing security measures is the best strategy
(Separate accounts and implement prevention measures)
Operational advice:
Large orders in small coins, avoid single coin fishing
Maintaining flexible operations is the most important
Small coins to increase blue-chip coins
Blue-chip coins to increase BTC positions
Summary and outlook
The third phase of the bull market [still needs a week of time]
Fastest increase speed, hold onto the bottom chips tightly
Most people earn cyclical money, volatility is increasing
ETH is once again testing 3700-3600
You don’t need to fear during your purchasing phase
New investors need to pay attention to contract risks
Stay calm and operate flexibly
