The crypto market is approaching a pivotal moment. The Crypto Cap excluding BTC, which tracks the market cap of all altcoins could drop another 3%-5% before hitting the Golden Pocket, a key level that could mark a major turning point. Is this the best opportunity to load up before "altseason"? Possibly. But there’s a lot of uncertainty in the air.
We’ve got geopolitical tension with a trade war brewing, and its impact on risk assets is undeniable. The bullish pennant that many were hoping for? It’s been invalidated. We’re not looking at the explosive upside we expected, at least not in the short term. Instead, it’s about being selective.
With more volatility ahead, we’ve entered a phase where picking the right coins is crucial. $ETH , $XRP , $SOL , $DOGE. They’re the names to watch as we navigate these turbulent times. As for the rest? They’ll likely fade into obscurity.
For the rest of the year, it’s all about strategy, not rushing into positions. The days of broad altseason pumps are behind us. Stay focused, stay patient, and don’t fall for the hype.
TL;DR
The market is at a critical level, but altseason as we know it is over. Time to be selective with $ETH, $XRP, $SOL, $DOGE and avoid another trashcoins.