Yesterday, when Bitcoin hit a historical high, no one was excited. Today, as Bitcoin sets a new historical high, fans started to get excited! Every time fans pressure me with FOMO, it’s usually when altcoins are close to their peak! It was the case in March 2024 and will be the same in December 2024! Many people see a rise and become anxious, then they see 150,000, 200,000, which is completely unnecessary.
Most altcoins peaked earlier than Bitcoin and Ethereum! This is a bloody lesson! Altcoins usually peak early during Bitcoin's 3rd wave (which has already arrived), the 3-5 waves (especially need to be vigilant), or during the 5-1 or 5-3 waves. The more you FOMO, the more cautious you should be!
Altcoins are still in a bear market! It's just a rebound of the bear market! No one has a god's perspective! Can anyone always buy at the lowest and sell at the highest? Isn't that a harsh lesson?
It is still not the time to bottom-fish for the long term; earn a wave and leave. For long-term bottom-fishing, you still need to wait for the right timing of the celestial chart!
What about those who don't have many positions now? In the short term, only engage with coins like Bananas31 or Pengu that have the potential to double or more, or altcoins that can peak at the same time as Bitcoin. The explosive coin reminded in the circle yesterday is exactly the same as the model of Pengu!
How to find these explosive coins? Read the articles: (Methodology for Finding Explosive Coins: Mining the Investment Code for Meme Coins from BANANAS31's 5x Surge in Half a Month) and (How to Find 10x Coins through Wave Theory, Wyckoff Accumulation Model, and Zhang's Theory? Bitcoin has entered a downward mode; the scariest part of a bear market is the silent decline.)
On July 10, the circle reminded [The recent trends of Ethereum are very similar]:
Today's wave analysis chart from the circle is as follows:
Most altcoins peaked early from May 12 to May 13.
If the wheels of history are the same, then most altcoins peaked early from July 13 to July 14 (most does not equal all; remember the word 'most').
There is no such thing as an altcoin season!
The more you feel FOMO, the more you need to stay vigilant and calm!
I hope everyone is safe and sound!
Finally, I emphasize: Bitcoin and altcoin trends do not move in sync! Even if altcoins peaked early from July 13 to July 14, Bitcoin and Ethereum will peak much later. If there is a fifth wave of rising, it is even possible that they peak between July 22 and August 1! Even if Bitcoin peaks before July 22 to August 1, Bitcoin and Ethereum themselves will not see a significant drop! Therefore, if you are unsure, do not short Bitcoin and Ethereum recklessly!
💡 Note: Investing is like walking at night; always carry the lantern of 'risk awareness' to stay away from trading fog and refuse to blindly chase the light.
If you have ever drifted in the sea of desire, like 👍 + follow 'Xiao Bai Learns Points', leave a little light in the comments, and share it to let more people see — life is worth living, and you don't need to bet your life on it.