We are seeing a lot of great opportunities in the market right now. It is very difficult to sift through them. Let the data do the picking… they will do it for you. Introducing my Bull Market Watchlist
Before I make this list, you need to understand the trend formation of any coin in a bull run. Any coin in a bull run usually has a duration of 3 to 4 months.
You can verify this using the historical charts of most coins that have risen during bull cycles.
Support and Resistance Cheat Sheet:
Once you have confirmed that, you have built trust. When you build trust, you start to believe. Now the 3 month timeframe is the best time for you to get a good volatility trend. You need to identify those narratives that will outperform over the next 3 months in order to invest in better tokens.
Figuring this out is pretty simple. Identify early trends that are developing into long-term trends. Break down the entire 3M trajectory into smaller time frames to get closer to the truth.
Focus on the 7-day and 30-day timeframes. Follow those coins that are trending on both the 7-day and 30-day timeframes.
You can use Alpha Screener anytime
http://dyor.ag
Find out which currencies are leading on the 7 day / 30 day timeframe… This is the first step, there are many more steps.
Now on Alpha Screener you will find an index map with a curated list of around 200 cryptocurrencies divided into 10 high-level crypto narratives, and there is an indicator to pick out the best performing currencies from the entire index map.
The indicator we use is called ORS, which picks the best performing currencies based on their relative strength to Bitcoin and their relative strength in the narrative.
What is “Optimized Relative Strength” – ORS???
You may have seen this indicator on the Dune dashboard... I know most of you still don't know.
Let me explain what it is and how it works.
ORS = Narrated Relative Strength + Relative Strength relative to BTC over stated timeframe.
Relative strength of narrative: Token price growth/average across all coins under a crypto narrative over a given timeframe.
For example: the average price growth rate of 20 coins in memes over a 7-day period is 10%, and the price growth rate of the token name memeX is 20%, then the relative strength of the narrative of MemeX is 20/10= 2.
Now, if BTC did rise by 5% in the same time frame, the relative strength of MemeX relative to BTC would be 20/5 = 4.
In this case, ORS will = 4+2 ~ 6
When you have ORS>1, the coin is in the lead.
When you own ORS<1, the token is in a leading position lagging.
I hope you get the idea now. Now it will be much easier to track ORS. Get the next alpha in less than 5 minutes using ORS.
Now let’s jump right into the list of top coins for the past 7 and 30 days. Leave it to the data, it will provide guidance.
1/ $BANANA :BananaGunBot
Narrative: Telegram Bots
- It just hit a new high
- Previous high was $50.7
- It should play a strong support role in the TA side validation of bullish continuation.
- Second month of bullish continuation
$BANANA is a foundational gem that you have been neglecting for too long.
• BananaGunBot generated $4 million in revenue in the last four weeks.
• They hit new all-time highs (ATH) in volume and fees this week.. achieving $1.5 million in revenue this week alone.
• They currently have 18k users, 11k of which are returning customers.. over 60% user retention rate.. very reliable
• They generated $174.93 in revenue per user and the average number of transacting users was about 24,000.. Awesome
• $BANANA holders can potentially earn +39% APY on staking.. awesome.
• Annualized P/E ratio is 0.99.. which is rare.
• In less than a year, over 10% of the token supply has been destroyed.
2/ $INJ：injective
Narrative: Parallel EVM
- Bullish token economics model changes will add more currency effects on $INJ supply side + more ecosystem demand is emerging.
- Found the bottom last month and now the monthly trend has reversed.
Injective is unique in several ways. Since its launch, it has adjusted its token economics to focus on enhancing and protecting the value of the project and ecosystem. The destruction mechanism is strategically designed to effectively align the interests of the Injective team and the community.
As user participation in the protocol increases and more fees are generated, more assets enter the auction, requiring more INJ to be consumed. This reduces the supply of INJ, thereby maintaining the value of the entire ecosystem. To support this mechanism, the Injective team continues to launch high-quality applications such as Ondo and Ethena, which users actively use and promote.
This makes Injective a very promising project.
3/ $ROSE：OasisProtocol
Narrative: Privacy
- The launch of confidential EVM is the main catalyst
- The privacy app ecosystem continues to grow.
- With continued advancement, the expansion may reach 2 times or even more.
Grayscale / $ROSE
• Recent AI rebranding
• A large entity purchased $50 million of $ROSE in the past two weeks
• PARTNERSHIP WITH META AND GOOGLE
• Grayscale has also applied for a privacy ETF (AI + privacy should meet the requirements)
• Close relationship with ASI_Alliance
4/ $TRU：TrueFiDAO
Narrative: RWA
- Become the leading RWA lending platform by total loan metric
- Has the lowest loss rate in the entire category, close to full circulation
- If $0.17 holds as monthly support, the bullish trend will continue, so keep an eye out.
If you feel this list is limiting, you can go deeper into the narratives that are best suited for trading with the narrative overview.
RWA was the dominant narrative based on ORS recorded within 7 and 30 days.
Diving Deeper into the RWA Narrative
Over the past 7 days, you will notice that all coins are currently lagging.
This means more declines in the market.
This is telling you, whenever the next major drop comes, be ready to use stablecoins.
Managing risk is also very important. The market also rotates, so make sure you exit at least 50% after the currency you hold rises by 50%, because market trends change very quickly.
I am not an expert, just a helper using data to share some coins based on market momentum.
Don't trust me.
Always verify the data before making any decisions.
The above does not constitute financial advice.
