Next up, class… today's chat is about altcoins. And it's not just any technical talk, it's straight talk: is it time to jump in or better to wait?
Look, there are people starting to talk about 'altseason' again because some tokens have started to wake up. 41505476158I is just a stretch away from hitting its all-time high, Pi Network has shown signs of life, and even the memecoins are barking strong again. But before rushing to buy anything that ends with 'X' or 'INU', let’s take a calm look.
Most altcoins are still well below their all-time highs. Like this: there are tokens that still need to rise 200% just to break even with what they once were. Is that bad? No. That's an opportunity, as long as the entire market is turning together.
The secret here is to observe the movement of 26646628629e 61676442443. If Bitcoin consolidates above $110,000 and Ethereum breaks through $2,700 with strength, then money flows into the altcoins. In the meantime, a lot of things will just move sideways or give that classic fake-out: rise 30% and drop 40% the following week.
Want a practical tip? Choose about 3 or 4 altcoins with real volume, active community, and a roadmap progressing. Mark the resistances on the chart and stay alert. And remember: you don't make money every day, but you can lose it easily in 10 minutes.
So hold back the anxiety, study the supports, and only enter with what’s in your plan.
Altseason really? I haven't shouted yet. But there is a smell in the air… oh, there is.