Hello, Skyrexans!
The title of this article is made specially for haters. I see euphoria on each small drop of $BTC dominance and understand that altseason now will not happen. People are still holding and dreaming Lambos. This is very bad for potential growth, so I expect only dump on risky alts with the new dominance push!
Look at the 4h time frame. As you remember from my previous analysis I expect the global wave 5. In my opinion waves 1 and 2 have been finished already. Wave 2 represented as an irregular ABC correction. Target at 0.38 Fibonacci has been reached. Now it's time for wave 3 which will reach 67%. During this dump on altcoins I wanna see total disappointment of moon boys and selling on every local bounce. I will repeat once more, market shall be cleared from the crowd to go up.
I am not an altseason hater. I am also holding some altcoins, but it's important to understand the real picture and have the right exaltations. Otherwise you will be disappointed and go out from rocket. I wish for clever, patient and realistic people to earn on the altseason, but first of all market need to persuade greedy and disrespectful people to escape altcoins.
Best regards,
Ivan Skyrexio
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