i think this is the brerakout we have all been waiting for to set the tone opf the market trend and it is going up and it will most likely send us to new all time highs. i would fire shots rather than missign out on the real move
crypto hasnt had a catalyst for quite sometime after AI cool off and everyone is forgetting that rate cuts is the narrative and the catalyst for defi to pump as it will bring some money into crypto chasing high yields
Altcoin shorters are in really dangerous zone all we need is a little bit of spark in the market that will set up for a crazy alt run up(being careful not calling it a altseason).
#DEFI narrative play: >multiple bull divs across different time frames on both $usd and $btc pair indicating the momentum to the downside is almost over >a lil bit of push from defi narrative should drive it way higher >currently at the lows of defi summer 2020 good price to scoop up >one of the oldest defi protocol > L2+ New L3 > leveraged trading feature >almost full diluted their team and twitter is active and pushing updates meaning they will do everything tp push their token value up.
>we have swept the range low and reclaim after staying there for a while >Now currently retesting the range low again >best risk adjusted entry u can find
Narratives: >Trying to pivot to #DePIN narrative with their nMboile app alternative to signal and telegram >Team is active
I have been shilling alts to my friends and family since Jan. They have started to take action lately. They should be up good by end of year if things go well
I just realised sentiment indicators for tops and bottoms painfully take a while to play out. For example wif on sphere celeb coins and may top signals were there but it was clear only after few weeks that it was local top. Similarly all the bottom sentiment indicators will take a while. We will need to hold on for a while before it plays out and for us to realise we put in a bottom.
this was the pico top of the alts this month @ZssBecker posted his video. i didnt pull the trigger. id be up a lot if just sold all my positions https://www.youtube.com/watch?v=iI9uWXtPuAQ
its crazy how bad these tokens are down since april. #gamefi and #btc eco #Ordinals are worst performers. surprisingly few memes(cats) and rwa sector is positive still.
watching @CryptoDonAlt and @CryptoCred always good alpha about how to trade and good points about managing a trade psychologically https://www.youtube.com/watch?v=byuCzFoYhEY
Back then I used to wonder why Elon spends so much time on twitter and then he bought twitter that's when it clicked. He's marketing it. He's so active on it even now because he loves and also he has financial interest in it's success
I'm kind on torn here. There's a good chance btc gonna rip and leave alts behind for a while untill the end of it's move and put eth btc in ashes and btc.d Bitcoin dominance through the roof.