BTC's new high and ETH breaking $3000, the altcoin season is hearing footsteps, but to party, we still have to wait for the last push!
Tang Seng's view:
1. Current situation: The big brother is eating meat, the little brother just smells the fragrance.
BTC hitting $120,000 is the real bull, but it’s attracting too much capital! ETH breaking $3000 is a good signal; historically, when it is strong, funds dare to flow into altcoins. Some altcoins like SUI and PEPE have already moved, with a single-day increase of over 10%, and the total market cap of altcoins has rebounded by 10% to $1.2 trillion. Like a tightly compressed spring, it has loosened a bit!
2. Dawn and Roadblock
Where is the hope?
ETH is the engine! Stabilizing at $3000 and digesting selling pressure is key. Whales are accelerating their accumulation of ETH, even more aggressively than before the last bull market! Major institutions have changed their preferences! Some companies are swapping BTC for ETH, and some are crazily buying 210,000 ETH. Smart money is starting to position itself in quality altcoins!
ETFs are nuclear bombs! The probability of SOL, XRP, and other ETFs being approved in Q4 next year is over 90%, even Trump wants to create a 'blue-chip crypto ETF.' Once approved, it will ignite a fire for altcoins! Shorts are the fuel! Short contracts for altcoins are as high as $50 billion, and once sentiment reverses, shorts forced to cover will rocket the coin prices!
Don’t ignore the risks: BTC ETF is still attracting capital, the siphoning is too strong! ETH faces significant pressure at $3000, and the foundation is also selling.
Altcoins have pitfalls: Many new coins are 'overvalued with low circulation,' crashing upon unlocking; the chain is quiet, lacking new money to take over.
3. Practical strategy: Don’t rush, act when the signals are right!
Focus on three signals:
Altcoin season index breaks 40, Bitcoin's dominance drops below 60%!
ETH stabilizes at $3000, leading SOL, MATIC, and other leaders to rise!
$31 billion of 'ammunition' is pouring into altcoins from exchanges!
Tang Seng's suggestion:
Core holdings: Blue-chip altcoins like ETH, SOL, BNB, regularly invest or buy the dip, hold steady!
Potential for short-term trading: Leading tracks like AI (RNDR) and blockchain games (GALA), waiting for the wind to come!
Meme small bets for fun: Play with DOGE and PEPE, strictly set take-profit and stop-loss!
Stay away from zombie coins! Cut off obsolete projects decisively and switch to quality assets!
Tang Seng's summary: Altcoin springs are charging up, ETH's breakthrough is the clarion call, institutional shift + ETFs are super accelerators! But don’t rush in blindly now, patiently wait for ETH to stabilize and for BTC's 'drain pump' to signal!
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