The Altseason Index at 49%

I wouldn’t say this indicates that something grand is happening on the market!

Some altcoins have pumped +50%, others +200%, but if you open a weekly chart — everything still looks worse and lower than in 2024. There is no euphoria — absolutely none.

It would make perfect sense to see a correction in Bitcoin in August, giving altcoins some breathing room and pushing many of them upward to collect liquidity. After all, to push Bitcoin even higher, liquidity is needed!

If altcoins correct in August, we could easily see -20% or even -30% from current levels, just to trigger panic again — people screaming it was a trap, the bear market is just beginning, and so on.

On a global scale, I’m already exhausted from all the information noise and endless news flow — it’s becoming nauseating.

Every +10% move is followed by fanfare and screams about a supercycle.

Then comes a correction, and the same people scream about manipulation.

With or without news, with or without us — the price will be delivered to the required range at the right time for whoever needs it. The narrative around it will be crafted in such a way that retail ends up in losses again — unless they secure profits along the way or according to their own plan.

Not all coins will reach a new ATH — just look at $XRP .

A 4-5 month rally until November (if this is truly a liquidity rotation) would be enough to finish off this whole altcoin party we’ve been waiting 1000 days for in the drawdown.

Scroll back on the chart and look at how quickly tokens recovered from November 2020 to April 2021 — it didn’t take much.

A few green candles upward, then repeated unloading following the same old script.

For some coins, I’ve set limit orders just to exit at breakeven. Some losing positions I’ve already accepted as a fact.

I’ve placed conservative targets on others and am just waiting.

Trying to speculate on small short-term moves, like with $ALGO , to catch a tiny difference — I’m not doing that