The market has been bad for months. Almost no one is making a profit. But I am preparing for a period where altcoins can average 8-10x, and strong projects can do 40-50x. Why?
Because:
• Dominance is very high. Historically, when it has reached these levels, significant altcoin explosions have occurred afterwards.
• Ethereum Dominance has reached the point where the 2020 bull market started. This area is always a breaking point.
• The US economy is under serious threat. Even if the FED doesn't print money, pressure on Powell is increasing. The possibility of him being removed from office is even being discussed.
• Interest rate cuts may not come tomorrow, and Powell may even speak more hawkishly. If this pushes dominance to the 70-73% range, it creates a perfect ground for altcoin season.
And most importantly:
The spark that will initiate the altcoin season has not yet come.
But it may come:
• Altcoin index ETF
• ETH staking ETF approval
• New institutional purchases
While everyone is hopeless, the market creates opportunities.
My target for Others Marketcap: 1.8 Trillion Dollars.
Are you ready?
