🚧🚧🚧ALTSEASON HAS STARTED🚧🚧🚧
Libertarian Cryptonians, greetings!
So... All-time highs after all-time highs!
And the world isn't doing so great!
However, we are witnessing an impressive bull rally of #BTC
After becoming the 5th most valuable asset in the world, it has been surpassing all-time highs one after another.
I mentioned some time ago: Institutional capital is now seeing BTC as a solid, safe, hedge, liquid asset and most importantly... Scarce!
Result: I don't need to say anything, right?! Haha
Now, it didn't come alone. It brought its buddy, #ETH . Not breaking all-time highs, but it brought strength to, MAYBE, initiate the much-talked-about #ALTSEASON
At the moment of this POST, the altseason indicator marks 39, above 50 indicating dominance of #ALTCOINS , nice!
Some time ago, I started tracking this indicator. At first, it was at 17, reached 24 and due to macro events, there was a pullback in the crypto market.
However, in the last few days, this indicator started a bullish movement reaching the mark of 39 currently.
However, one indicator alone does not make ATH. Haha
Follow the market with caution.
Study with more determination and dedication.
Don't fall into FOMO.
At this moment, there are great traps, as the universe of altcoins is vast. Avoid unnecessary risks. Have a meticulous risk management, it will save your portfolio in case of #CRASH in the market.
However, don't fall into uncontrolled euphoria. The world isn't doing so well. We are on a tightrope, be skeptical of exaggerated indications.
Observe where the big investors are looking. Don't necessarily copy them. However, understand their movements and strategies.
Look for reliable information channels.
Dive into the economic universe, your money is part of the world's economy. Know how to manage it like a manager.
Don't gamble!
Happy studying and God bless you.
This was my fifth POST.