Altcoin Low. Bullish into Last Phase of the cycle - 12 months

when do the altcoins go up? . . . basically any time in the next 12 months

and it could be 2 distinct waves.. with 2 distinct groups of crypto narratives taking the lead.


Chart shows Others vs BTC ratio. Others is everything outside of top 10

When this goes up it means that Crypto Gains spread to higher risk plays after the cycle

AKA the fun part!!!!

What will those narratives be? no clue. but now is the time to likely make those positions and get ready to hold.

Alts right now are cheap across the board (except some tech coins and chains *cough cough SOL*)

Everyone is again calling for recession and there is a chance that many will miss the first wave here (similar to BTC 2023)

The second wave is the Mania insanity WAVE. Is also the trap forming wave.

this doesn't have to be 2 waves but its good to know that there could be a major top for altcoins after months of rallying if Crypto see an uptrend between late August - DEC

What usually happens is that ppl are not interested in crypto

and those who are are not long or not LONG ENOUGH

So they miss the cheap prices and most of this first move..

they come in late with big bags and get caught at the top of that local rally.

they chase the coins and narratives that have gone up in the first wave, but they become bag holders as it retraces.

Then the second wave happens with a totally new batch of coins. and they think its a sign that its just getting started (because the coins they got from the first wave are not up big.... but that is the trap maker.

Another danger. Is for holders to abandon plays that don't move in the first wave to buy tops of other narratives.

This is just as bad, because these usually are things that get a bid in the mania phase.

either way the Way to win is Believe and get really long good plays at cheap prices (relative to your risk)..

All of this could be wrong but worth posting for future reference.

happy trades