BTCSideways altcoin is surging, that taste is back.

Today's feeling is almost in place. Compared with the mainstream counter-attack trend in the previous three days, the trend has become more apparent. Many long-dormant zones are gradually emerging and starting to break through the monthly trend in batches.
At this stage, it is crucial to dump the old Position. It seems that it is relatively easier to speculate the top of the Bull Market and the bottom of the Bear Market in the later stage. The macro fundamentals can explain a lot when Liquidity is insufficient. Currently, a more optimistic and aggressive view is to hold firmly if you have a strong belief in the Bull Market cycle.
If you are conservative, continue to maintain the mode of recovering the cost after the deep trap, and forget about the once unbearable Holdings. Whether you believe it or not, a good mentality is the basis for us to make stable and long-term profits in the crypto market. As long as there is profit, any position is worthwhile.
In the past few days, the concepts of FIL, APT, and AI have basically all started to take off. Looking at the timeline, the optimism has been maintained for a while, and it is generally optimistic that the sustained Rebound of this round of the old mainstream zone will last for more than a month and a half, and then the hotspots will gradually transition to other zones that have been hot before, such as the currently active Ethereum L2.
As the Bull Market progresses, BTC has become an increasingly unattainable presence for us. The output of Wall Street's market maker and the approaching of the six-figure mark clearly indicate that there may be no chance in the future to see BTC below $10,000. As an old-timer who has experienced both bull and bear markets in the circle, I can't help but feel sad when I think about this situation. If I had been focusing solely on BTC since entering the circle, perhaps the amount of my holdings would be slightly higher.
OP continues to remain strong at the moment. As the saying goes: if the monthly OP can close above $2, the high point next month could aggressively target the $5 position. If Ethereum is the soul of altcoins, OP can be called the barometer of altcoin bull and bear. As the most widely used L2 concept at present, OP's market activity can reflect the value logic of quite a number of high-quality projects currently.
Boring Campany, owned by Musk, announced today that it accepts DOGE payment, directly pushing DOGE up with another wave of Favourable Information. The half-position DOGE bought last time is estimated to be unable to reach the expected Margin Replenishment level. This is how Favourable Information drives the Bull Market. Once the news hits, Liquidity comes, and it's difficult for the market not to rise.
Remember last year when the bear market hit bottom, both Musk and other third-party international banks announced Favourable Information for accepting partial Token payments. However, the market often makes a lot of noise but little action, with a small rise followed by a big fall. Currently, the fire of the altcoin season has already ignited.
Finally, I would like to say one more thing to everyone. No matter which stage our positions are in, let's at least prepare a 10% reserve fund for black swan events. Looking back at historical cycles, there have always been one or several black swan market trends, usually occurring every six months. Currently, the FOMO sentiment in the market is gradually intensifying, and with the entry of Wall Street capital, the maturity of the encryption market is also increasing. However, everyone seems to have forgotten about the black history under the general rise in market sentiment, which requires more attention. Having a 10% reserve fund for black swan events is enough to turn risks into plans when unexpected things happen, giving us an opportunity to overtake Large Investors on the bend.
Macro data BTCSpotETF net inflow of 485 million US dollars yesterday, ETHSpotETF net inflow of 91 million US dollars. From the periodic data, the inflow of ETHSpotETF is in an upward adjustment positive cycle. If this data can remain stable for a long time, it will be very helpful for the later price of ETHSpot.
Everything that should come will come. In terms of operation, compared to a year ago, we have been advocating Auto-Invest and buying BTC/ETH. Compared to a month ago, this bottom can be considered as lying in ambush, and the end of the consolidation can be considered. Recently, the market has also stabilized a lot. When the market FOMO, it is more important to have confidence in your own chips and choose the right time to dump rather than blindly chase rising prices. The most important thing is to resist psychological pressure and desires. In short, while firmly holding the chips, there must be a plan to reduce position after making profits.
BTC: Bitcoin is stuck at the 100,000 line for adjustment, shorts definitely lack momentum at this position, the market does not have the potential for a major decline. Sideways movement for BTC is the best feedback for the market, allowing Ethereum and other altcoins to have opportunities and expectations. Technically, in the four-hour BTC chart, there is strong support in the short term around the 97,300 level, the expectation for long positions is still a wide adjustment after breaking through 100,000, funds gradually flowing into the altcoin zone, positive outlook.
ETH: The turning point of ETH market is expected to break through 3800 points. The current high point has reached 3500 points and is gradually strengthening. The L2 camp has also gradually emerged from the previous low data form on-chain. The four-hour market support has moved up to 3300 points, and the short-term trend is expected to be a fluctuating pump.
altcoin: After meme mentioned that the wave has passed a few days ago, some zones that were very hot on-chain recently have continued to lose Liquidity. A major reason behind this is the incident with dexx. The short-term meme trend is still declining, so it's advisable to shift our expectations. It's also worth emphasizing that even though the overall meme is declining, it's not closely related to the rise of strong altcoins, mainly referring to the concept of not being listed on major exchanges. Several old altcoins, including BCH, APT, FIL, LTC, and even EOS have not risen recently, as indicated by the daily trading volume, which is far from its peak. We cannot purchase all coins, so it's mainly about following the ones in hand.
Other altcoin, comment section exchange.
Panic Greed Index was at 93 within the day. (Profit-taking traders should pay attention to reduce position for hedging)
Finally, stay away from leverage, and accumulate more Spot!​​​
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