Let's talk about altcoins. As of now, it's looking great for the altcoins market and to be quite honest, it's looking much better compared with the last 3 months.
However, it's still not getting confirmed that we are going to the full-blown altseason.
This chart is the total3 divided by BTC, showing us how well the altcoins compared with the BTC and it's now looking that it hasn't still outperform $BTC .
In order to be in the "outperforming" mode, we need this chart to break above this level as well.
I've deployed my capital to several coin with good fundamental but not yet fully exposed into it. I'll wait for another confirmation of this break out before chip in more capital.
I also believe, this time the altcoins rally will also be short-lived and not as crazy as before.
So that, don't be overexposed into altcoins yet.
BTC-focus portfolio is still recommended.
