Be patient in the early bull market and treasure your positions. At the same time, the early bull market is also when pullbacks are most frequent and most painful. Everyone is still trapped in bear-market thinking: as soon as BTC pulls back a little, those sitting on profits at the bottom in altcoins will definitely dump. The new money for this cycle hasn’t come in yet. Look at historical CEX trading volumes and stablecoin market caps: generally, fresh capital only flows in when BTC is nearing a new high. Looking back 6–12 months from now, a few blue-chip altcoins, crypto stocks, and BTC at these levels will all look very cheap.

How to choose assets:
1. Leaders with solid fundamentals and a moat, whose token price is tied to the underlying business.
2. Fundamentals that grow with the crypto market’s liquidity cycle (think about which businesses will take off when fresh capital enters the bull market: DEX trading volume, staking and lending pools, total stablecoin supply...).
3. Fully circulating, with no institutional unlocks; ideally, they’ve been through at least one full cycle.
4. Picking altcoins in a bull market is actually simple: look at which ones have performed best over the past three months. They’re likely to be the strongest assets for the entire cycle too. When there’s a pullback, pile in aggressively 📈
$UNI $HYPE