The Crazy Copycat Season will start in October 2024!
Some friends asked why?
Based on the large-cycle analysis of the trends of $BTC, BTC-D and ETH/BTC.
In the comparative trend chart from 2019 to 2022, it can be found that:
1. In 2020, BTC started the third wave of the main rise two months after the halving;
2. The Bitcoin market share (BTC-D) peaked in December 20, 7 months after the halving, and then began to fall all the way;
3. ETH/BTC also bottomed out in December 20, and $ETH, as the king of copycats, began to become strong;
4. In this round of bull market, the trend rhythm is faster than that of the 21-year bull market, so it is speculated that: BTC-D is expected to peak in October, 6 months after the halving, and the range is predicted to be 57%-60%.
5. Ethereum ETF is expected to be launched in July, and the bottoming time of ETH/BTC is expected to be advanced, but to achieve great things, it is still necessary to wait until after October.
Why do altcoins only explode in the middle and late stages of a bull market?
1. Altcoin project owners have little money. From the entire bear market to the early stages of a bull market, they have to pay salaries and expenses every month, so they can only sell coins every month;
2. In the middle and late stages of a bull market, when big whales have made enough money on BTC, some hot money will come to fight for altcoins, creating a bubble altcoin season, which is both a carnival and a wave of harvest.
I don't agree with @bitfish1's view that there is no altcoin season in this round of bull market. There are very few products that can be sold by smashing the market. Only crazy pull-ups in the altcoin season are the best routines for various project owners to ship goods.
How to deal with it?
1. According to my post on April 20, make position allocation. Before October 24, 50% BTC, 30% ETH/SOL/BNB, and 20% popular altcoins;
2. At the end of October, it is expected that BTC will complete the third wave, and 30% BTC, 40% ETH/SOL/BNB, and 30% popular altcoins will be allocated;
3. At the end of December, it is expected that BTC will enter the top range, and 30% USDT arbitrage will be allocated, 30% ETH/SOL/ BNB, 40% popular altcoins;
4. At the end of March 25, it is expected that the altcoin season will end, 90% USDT, 10% popular altcoins;
5. Starting from April 25, clear the warehouse and concentrate on recuperating #BTC走势分析 #现货以太坊ETF获美SEC批准 #MegadropLista #美国4月核心PCE指标显示通胀放缓 #山寨季何时到来? $ORDI $PEPE $FLOKI