It's very interesting.
A lot of people are saying, "My feed is full of bears" and "Everyone thinks it's over."
But when I scan the majority of the large accounts in this space, most of them are consistently posting bullish BTC.D charts and
$BTC cyclical indicators that show we have guaranteed pumps incoming from a guaranteed alt season.
However, very, very few are considering that our current market could be over now for a few yearsβright at the time that:
- Peter Schiff is shilling memecoins
- TOTAL3 is printing a monthly SFP
- The President of El Salvador is shilling gains
-
$BTC is failing at the 100k point of max liquidity
-
$XRP normies are coming out predicting $10
- Cramer is telling you to buy the stock market
- SOL/BTC is falling off a cliff
- Fartcoin is taking center stage
- People are protecting their thesis behind the 'safety' of BlackRock
Right now, the majority of people are struggling to even conceive that the market, spread thin, doesn't have the liquidity to keep up these musical chairs, especially as it has completely saturated normie participation and burned everyone there is to burn.
#Crypto
All I hear is, "Worthless alt market guaranteed to pump another 10x to 10T because that's what has happened prior."
While this could happenβand RR to the long side is technically still highβthe true story behind altcoin liquidity here and now is, in my opinion, five-fold:
However you spin this, OGs are looking at this year as an opportunity to net sell their positions and will likely be competing for exits or doing so quietly.
1. The markets are a mechanism for catching everyone1. off guard, and bubble pops epitomise this phrase.
2. BlackRock will not be buying your
#ALTS.
3. Many ALT log charts look murderously bad.
4. The majority of influencers I have followed for the past six years or so on this platform have become 100% outright scammers, having originally shared excellent content or been students of a solid game.
5. At some point, ALTS will death loop.
That ALTS always sell off during a BTC parabola is true, and I will be trading the market long as opportunities arise, but if these ideas do not have you on the back foot, I do not know how to quantifiably respect your intelligence.
Symbols are powerful, and right now, we have many that are apocalyptic.
Make sure you have something in the bank incase you are caught inside point number 5 - because I almost guarantee, you will not see it coming.