Hey guys I said I wouldn’t post until new highs but the market has been hard to look away from.
All eyes on ETHBTC. Pumping in this chart is a major indicator of ALT SZN. At this point I think we’re still a month or 2 away from peak ALT SZN but as the ETHBTC chart bottoms out, you know we’re getting closer. The time to accumulate is still now. ETH looks like it’s actually going to carry alt season again (surprising).
ETH will pump first, then BTC, then ETH again. The second ETH pump will correspond with peak ALT SZN. Watch BTCDOM, as it starts to plummet, that is when you look for sell ops.
I expect ETH to go to atleast .06 on the ETHBTC chart which would mean an ~$6,000 ETH if BTC is 100k+. Buying ETH now and selling at market highs should render a 3x return. This return will be on the low end of alt markets but it is almost guaranteed. As you move down the risk ladder, you can expect a higher return if that specific coin is targeted by whales during ALT SZN. The majority of coins in the top 100 will be targeted and pump to a certain degree. You can expect coins like SOL and ADA to do 5-6x returns (although SOL is already overbought - I still think ~800 could be the SOL top). Then smaller coins like SEI and QNT you can expect to do 10x+. Then for meme coins. If you’re buying at current levels, there are multiple 50-100x possibilities. Finding coins under $10,000,000 market cap can still go to 500,000,000 or 1,000,000,000 market cap with the right amount of euphoria and FOMO.