This was the way. Usually, when you start getting doubt, it is the best time to buy

I smell alt season

Total crypto cap without eth and btc

$SUI printing new ATH.

I feel like altseason will disappoint a lot.

The $LDO dip was brutal. As I am stacked already with my spot buys, I couldn't resist to take a small position on it. %-wise, a pretty good trade

$LDO was a perfect trade setup here when we retested this major liquidity zone.

All alts dipped heavily in the past 3 weeks. This is bullish for the next move though, as most highly leveraged late longs got liquidated.

We are ready to retest this green resistance in the circle finally again. I think we should be ready now to break it. I only expect a small rejection.

What I am saying with this is: Don't expect all your old alts to reach their ATHs. That said, many older alts like $NEO etc. still have a 11X to reach their previous ATH. But just reaching conservative targets like $64 as a cycle top is still 300%.

I like the LTF BTC chart

We broke out after this but then lost traction. Supports at 96.5~ and 95.7k

Fingerd crossed for retail.

But again, comparing 2021 to today:
2021, everyone sat at home, countries were printing checks. Noone spent their money and they gambled on markets.

Now we have had 2 years of hard inflation and people spend their money on regular things again.
I just don‘t think there is as much money available to pump the markets giga. (Altcoins, for btc we have institutions, their money is basically endless)

And I am 95% in altcoins btw.

Btw, btc looks like we get a (small) dip tomorrow

This matches my perception.

Still I think majors are the least risk for some decent gains for holding longer term which I have been doing this cycle as I have chased gains in the previous cycle too much and got rekt too hard on gambles.

Additionally, I have spread it pretty thinly, as some perform decently. Just don‘t expecz everything to perform great.

I am 8x on Doge, 10x on Sui, 5x on XLM, 5x on XRP, 5x on Avax while only up 50% on Neo for example.
Yet, I am down on TIA, DYM and INJ and some more.

But comparing this to smaller gambles, all of my small cap gambles have performed extremely poor so far. Like PSP which essentially semi rugged their community or Nexra, which got hacked twice.

All the experiences from past bull runs have shifted my investment strategy to the current and I am sure, I would have put on way more risk this time again without reevaluating my strategy and I am glad I did.

If I had just bought BTC, I would have performed best for sure so far.

Nevertheless, I am up in total and I can sleep relatively well, a lot better than the years before and I am ready to take profit if we get some mania again.

That said, we had two bearish candle prints on the daily (marked for you with red markers) but $BTC doesn‘t give a fuck and retested 100k today.

Hopium 🙏

^

$SPX logarithmic chart. Top of the channel is 7000.

Hence, if we get another bullish move to the upside, I predict 7000 as a top.

LTF: Daily is retesting 6000 in pre markets

Nice volume, 100k broken again! 🔥🔥

$BTC Major support held. Historic resistance approaching at 116-120k, depending how long we need to get there.

HD pic for the full historic chart.