Posted here are my thoughts on the prospects of an ALT Season for cryptocurrency markets, which, like all risk on equities have been hammered by rejection by 'smart money' of President Trump's economic agenda since the latter's inauguration.
Unexpected by most acolytes of the Four Year Halving Cycle, OTHERS (an index of ALT coins outside of the 'Top Ten') retraced massively in Q1 of 2025, erasing more than 60% of the gains made by these markets since the Yen Carry Trade debacle on 8/5/24 and causing liquidations of record-breaking proportions. Granted, not all of these owed to Trumpian provenance (the Bybit 'Hack' of 2025--reminiscent of the Terra Luna and FTX implosions of 2022--had something to do with the dip), but The Donald's brinksmanship, nay flirtation with insider trading, has framed the story of this Post-Halving Year thus far...
https://www.tradingview.com/chart/4YrnxkJb/
Yet, in all of this--Trumpian Turmoil, hacks, and malfeasance--something remarkable may have been taking shape. With a curious rebound of the SPX and Trump's seemingly prudent respect of the Bond Market's 'freak' at his tactics, volume has returned to the crypto space and--all of a sudden--we are seeing charts like this...
https://www.tradingview.com/chart/2i5VmWXZ/
April may have been rather a cruel month, but here's a potential Inverse H&S brewing in May--a point at which I, with a lot of investors, have been anticipating the taking of profits.
Supporting the case for IH&S is, for one, Money Flow. (I use Lux Algo's indicator here, pick whichever suits your taste.)
https://www.tradingview.com/chart/U11VFWLP/
But so is OBV, On Balance Volume, one of my favorite means of Trend Confirmation...
https://www.tradingview.com/chart/5xhOXyv7/
Where I am TOTALLY with those who would tell investors in crypto to beware of the Macro--read: to not repeat the mistake of those who counted on a 'Moonvember' in a month, November of 2021, in which the Fed's transition to QT was bound to wreck that cycle's 'blow off top--I am obliged to suggest that OTHERS might not be dead yet.
All of this is, of course, not financial advice, and the author cautions that Donald's penis--or lack thereof--may tend to skew results!
Unexpected by most acolytes of the Four Year Halving Cycle, OTHERS (an index of ALT coins outside of the 'Top Ten') retraced massively in Q1 of 2025, erasing more than 60% of the gains made by these markets since the Yen Carry Trade debacle on 8/5/24 and causing liquidations of record-breaking proportions. Granted, not all of these owed to Trumpian provenance (the Bybit 'Hack' of 2025--reminiscent of the Terra Luna and FTX implosions of 2022--had something to do with the dip), but The Donald's brinksmanship, nay flirtation with insider trading, has framed the story of this Post-Halving Year thus far...
https://www.tradingview.com/chart/4YrnxkJb/
Yet, in all of this--Trumpian Turmoil, hacks, and malfeasance--something remarkable may have been taking shape. With a curious rebound of the SPX and Trump's seemingly prudent respect of the Bond Market's 'freak' at his tactics, volume has returned to the crypto space and--all of a sudden--we are seeing charts like this...
https://www.tradingview.com/chart/2i5VmWXZ/
April may have been rather a cruel month, but here's a potential Inverse H&S brewing in May--a point at which I, with a lot of investors, have been anticipating the taking of profits.
Supporting the case for IH&S is, for one, Money Flow. (I use Lux Algo's indicator here, pick whichever suits your taste.)
https://www.tradingview.com/chart/U11VFWLP/
But so is OBV, On Balance Volume, one of my favorite means of Trend Confirmation...
https://www.tradingview.com/chart/5xhOXyv7/
Where I am TOTALLY with those who would tell investors in crypto to beware of the Macro--read: to not repeat the mistake of those who counted on a 'Moonvember' in a month, November of 2021, in which the Fed's transition to QT was bound to wreck that cycle's 'blow off top--I am obliged to suggest that OTHERS might not be dead yet.
All of this is, of course, not financial advice, and the author cautions that Donald's penis--or lack thereof--may tend to skew results!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.