The first person to publicly hold 2.6 million in altcoins, confident after experiencing two bull markets.

【May Holiday Market Analysis: Don't Panic, the Bull Market is on the Way】

During the May Day holiday, the market saw a slight pullback, with altcoins down less than 7%, and many people began to panic, questioning whether the market had peaked. I want to say: this is a typical retail investor mentality. When the market is rising, they cheer and shout for 200,000, but as soon as it dips slightly, they panic. Is the market only allowed to rise and not fall? A pullback is the most normal thing in a bull market, and the consolidation is necessary to concentrate the chips, a prerequisite for the next rise.

The current major trend remains a bull market, which is indisputable. The expectation of a rate cut by the Federal Reserve in June is almost certain, and the trend of Bitcoin becoming a strategic reserve asset for the United States is gradually being realized. Do you think we can still see $90,000 Bitcoin in a bear market? If it were a bear market, it would have already dropped back to $40,000. The current sideways movement is to build a new bottom, accumulate enough chips, and prepare for the next wave of upward movement.

I personally believe that Bitcoin breaking into the $10X range is just a matter of time, with the next target being $120,000. At that point, there will be a noticeable sideways movement, and market funds will gradually shift towards altcoins. The real 'Crazy Altcoin Season' will come then.

So at this stage, the main focus remains on Bitcoin, while altcoins are still in a state of being drained, but this also means that altcoins are overall at the bottom. Now is an excellent opportunity to position in the top 50 quality coins by market cap. I have already allocated 2.6 million to DOT and FIL, waiting for the second wave of the market. Multiplying by 5 or even 10 times is not a dream.

The three key steps right now are: Buy, Hold, Wait. The market may not rise every day, but the bull market will not be absent. With faith and patience, 2025 will surely surprise you.