Altseason is a period when the growth of altcoins significantly outpaces Bitcoin. Such periods open up opportunities for profit on alternative coins. Unfortunately, many traders fall victim to FOMO - the fear of missing out on profit. A popular trader and analyst in the crypto community, VirtualBacon, believes that many mistakes can be avoided. He shared with his X followers an instruction on 'how to survive in altseason and not become a victim of FOMO.'

1. Understand the signals of the beginning of altseason. Many factors indicate the beginning of altseason, and they need to be noted. Here’s what the analyst paid attention to: BTC updated its historical maximum, then a pullback began. Bitcoin's dominance fell below 60.5% - this is a key indicator of the approach of altseason. A weekly close below this level, in his opinion, is a green light for altcoins.

2. Don't panic during pullbacks. Pullbacks of 4-8% before altseason are a normal market shake-up, not the end of the trend. Money during this period flows through the chain: BTC → ETH → SOL/XRP → the rest of the market.

3. The main enemy is FOMO. Mistake #1: chasing coins that have already made +50%, +100%, +500%. This strategy leads to buying at peaks and locking in losses during subsequent declines.

4. Don't chase the hot narrative. In altseason, leaders change every week: today it's AI, tomorrow it's memes, then gaming, and so on. Those who chase the pump risk missing out on real opportunities.

5. Monitor capital flow. The sequence is always the same: Large coins. Medium coins. Small coins. Even in the top 100, growth occurs in waves: top-10 → top-20 → top-30. The market is currently in a phase of growth for large altcoins.

6. Don't complicate the work. Complex work with narratives is needed when BTC dominance is low and large coins have already risen significantly. At an early stage, almost all strong coins with large market capitalization shoot up - look for the laggards.

7. Move capital. There are no ideal moments to enter the market. Hold your position until the goal is reached, then use the profit to invest in the next promising coin. Other recommendations: Work only with the top 100 (at the start of the cycle). Avoid coins with high FDV (fully diluted valuation) and outdated technology. It is also advisable to be cautious with exchange tokens. Focus should be on assets that are trading below historical highs. Do not hold more than 10 open positions at a time. Rotation should be done down the market cap as the leaders reach their goals. Do not succumb to excitement.#MarketTurbulence .#HotJulyPPI .#REVABinanceTGE .#DeFiGetsGraded .#CPIWatch .$BTC .$ETH .$SOL