Altseason starts in days not months $BTC already hit new ATH $ETH is next alts will follow Same setup in 2021 turned my $130 into $176,986 Here’s what’s next and how to catch the wave 👇🧵
❶ A new event that the market didn’t believe in just happened $BTC broke its ATH While everyone’s attention is locked on $BTC $ETH is also closing in on its ATH This is the classic capital rotation setup we saw back in 2017 and 2021 Altseason is near
New #BTC ATH 🚀
âť· The sequence of the market has already been well studied from previous cycles The market moves pretty simply - $BTC - $ETH - high caps - mid caps - low caps In the final stage everyone rotates into stablecoins These stages define the phases of the cycle
❸ What’s happening right now $BTC broke ATH $ETH is less than 6% away from ATH All media are currently focused entirely on $BTC It’s very likely a move to distract players from alts No one’s gonna tell you straight up “ETH is about to hit ATH buy alts now”
âťą $BTC dominance has always been a key signal People often underestimate it but it perfectly showed capital rotation in 2017 and 2021 The chart already started dropping a while ago which could signal smooth accumulation from big money BTC.D is in a correction right now and it could be the last one
❺ We shouldn’t forget that there are more big players in this cycle than ever before The reason is ETF adoption Traditional investors can now buy crypto in a way they’re familiar with That’s why following the logic of big capital, acting early - is more important than ever
âť» Additional capital will be pushed in by the upcoming Fed rate cuts The M2 index shows global money supply is at an all-time high Rate cuts plus M2 growth are the combo that historically delivered the biggest liquidity inflows into crypto
❼ So what should regular market players do You need to think a few steps ahead If $ETH will soon be the hype play that means investors are already there so it’ll be too late for us It’s time to position into alts after correctly identifying the strongest narratives
❽ At least 2 sectors have already proven themselves: - DeFi - BSC projects In my view we’ll also see strong performance from: - L2 - AI - DeFi again: it’s not done yet I’m betting on these narratives since they either sustain or expand the ecosystem’s growth
âťľ Also important to watch - team activity - community strength - potential and innovation - partnerships For a chart to moon, a project must have a solid foundation behind it
❿ It’s time to take the right position while the entire market is obsessed with $BTC Very soon the market will move into the phase where everyone starts talking about alts Make your move before retail does and secure a truly massive PnL
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