I am the King of Cheese 🧀 Today’s Cheese Index is 3/10—so cold it’s almost freezing, and everyone is waiting for the signal ❄️
Contrary to what most retail investors think—“regulation equals bad news”—Russia’s latest crackdown on crypto is actually issuing the strongest special license to mainstream coins. The new legislation stipulates that unverified retail investors are limited to an annual trading quota of 300,000 rubles, and may trade only $BTC , $ETH , and $USDT . This means the authorities directly keep other altcoins out of the door, forcing all capital toward these three giants.
“Big players are using regulatory compliance to complete the ultimate cleansing of altcoin holdings.”
Now the Altcoin Season Index is only 12/50, indicating that capital is highly concentrated in BTC. The whales have no intention of picking up the small-coins’ order book. The whale position ratio has been pushed up to 1.65—an elevated level—which suggests that whales are using market fear sentiment to actively accumulate mainstream coins at high frequency, while smaller coins continue to be marginalized.
📚 Cheese Mini-Class: Altcoin Season Index 12 means that among the top 50 small coins, only 12 managed to outperform BTC within 30 days—indicating the market is absolutely dominated by BTC.
(These are purely my personal observations, not investment advice.)
Big players and regulators have teamed up to lock liquidity—do you think the altcoins you hold still have a chance to turn the tables?
The King of Cheese updates every day—let’s study the whales’ next move together 🧀
#bitcoin #markets #regulation #blockchain
Contrary to what most retail investors think—“regulation equals bad news”—Russia’s latest crackdown on crypto is actually issuing the strongest special license to mainstream coins. The new legislation stipulates that unverified retail investors are limited to an annual trading quota of 300,000 rubles, and may trade only $BTC , $ETH , and $USDT . This means the authorities directly keep other altcoins out of the door, forcing all capital toward these three giants.
“Big players are using regulatory compliance to complete the ultimate cleansing of altcoin holdings.”
Now the Altcoin Season Index is only 12/50, indicating that capital is highly concentrated in BTC. The whales have no intention of picking up the small-coins’ order book. The whale position ratio has been pushed up to 1.65—an elevated level—which suggests that whales are using market fear sentiment to actively accumulate mainstream coins at high frequency, while smaller coins continue to be marginalized.
📚 Cheese Mini-Class: Altcoin Season Index 12 means that among the top 50 small coins, only 12 managed to outperform BTC within 30 days—indicating the market is absolutely dominated by BTC.
(These are purely my personal observations, not investment advice.)
Big players and regulators have teamed up to lock liquidity—do you think the altcoins you hold still have a chance to turn the tables?
The King of Cheese updates every day—let’s study the whales’ next move together 🧀
#bitcoin #markets #regulation #blockchain