The Quiet Beginning of Altseason
Updated
We're currently seeing the Greed and Fear Index hitting similar levels as during the "quiet beginning of Altseason" in 2021, as shown in the chart. Levels around 38 to 42 are common for drawing liquidity away from the initial distribution phase of Bitcoin. It's important to remember that in 2021, there was a period between the actual start of altseason and the noticeable price pumps in altcoins. This phase is a consolidation phase, where money flows into the market to buy altcoins at lower prices. While Bitcoin's price will also rise, it won't increase as much as altcoins during this time 📈.
Note 1 : the starting of the Altseason will not be spotted until we reach the new ATH in Altcoins💰.
Note 2 : Not all the Altcoins will make huge pumps during Altseason. Choose wisely your projects💎.
Note 3 :This Altseason will not last long 😉
Note 1 : the starting of the Altseason will not be spotted until we reach the new ATH in Altcoins💰.
Note 2 : Not all the Altcoins will make huge pumps during Altseason. Choose wisely your projects💎.
Note 3 :This Altseason will not last long 😉
Note
Annoying accumulation is very good confirmation of the beginning of Altseason.The first price increase will be relatively shy and traders will see them as a normal “correction of the downtrend” .
Remember : WE ARE IN A BULLMARKET.
After the shy pumps, many traders who holded during this correction, will sell their coins at a small gains out of frustration or thinking that they made a good deal. Then, market makers will pump aggressively all market coins. You will not be able to buy theses pumps as the algorithm will execute only the buy market orders (to get the best price).
Note
No changes as said above. As explained in the chart, we are in a consolidation phase for the next strong pumps. This phase makes the majority of traders quit for the following reasons :
- Future traders get liquidated out of spikeS
- Future traders close their position holded for a long period to avoid high rollover fees.
- Traders and investors annoyed.
All theses market sentiments where explained to you in detail in my previous posts and commentsfor free ;)
Note
Do you really think they will let you know or give you a sign just before the big pumps ? Do you think they will allow you enter with the biggest traders and make money like them ?
They will make you very scared of the crypto market and THEN the pumps will be aggressive.
Wake up !
Note
I expect an increase in the liquidity of the altcoins during the period between August to December 2024. As market space has too much coins , the huge pumps such as10x and 20x will be made only by few coins.
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