Is this season hard to play? Why? Don't ask.
Tùng will explain why it is hard to play, it's very easy to understand, it's not hard, don't complicate the issue.
1: $ETH push the leaves
If everyone goes through previous cycles, after the liquidation and shaking off, $ETH will be pushed along with other altcoins, but this time it’s not happening, it’s sideways crashing, sideways, up and up, so don't ask Tùng which coin to enter because when ETH crashes, it's hard to say anything about altcoins.
2: funds are buying irrationally.
If you have been following for about 6 months, very few funds buy when prices drop sharply, almost all bad news, but when it goes up, there are many news about funds accumulating, buying back, it’s unreasonable; aren't they afraid of a crash? This proves that this market is still very easy to manipulate, pushing prices, laws and regulations are just a beautiful excuse for partial legality. Organizations are deliberately pulling capital by slipping through ETH, but very slowly; specifically from 9/8 to 12/8, there was no capital inflow, only liquidation of orders. This shows that the market really needs liquidity from F0 investors, while peak investors have already taken profits or cut losses at psychologically safe zones of 4k and 4k1.
3: What phase is the market entering?
If a few months ago when $BTC reached ATH above $100k, everyone was throwing news that the market was entering doubt, but personally, Tùng currently truly doubts.
ETH rises high, BTC is close to ATH, but there's no FOMO, no capital flow, only pushing the price of ETH, sound familiar? Yes, exactly, that’s the crash. When BTC rises high, a bunch of altcoins hold their price still and continue to crash as in previous months, now this situation is repeating but with a new target.
Is it time to enter? If you accept the risk and can do some scalping, then allocate your capital; if you are an investor holding a chunk of money to throw in to catch a big haul, then don’t fiddle around, just sit still.
How much will ETH rise: as mentioned in Tùng's pinned post on the page, there are 3 zones it can reach and 1 hard support zone.
So don't ask Tùng which coin to enter, just pray that ETH breaks the peak or sit still and watch the situation.