The first person to publicly hold 2.6 million altcoins, experienced two bull markets and is this confident.
Fei Ge's Perspective: Full line pullback, don't panic! This is normal market consolidation behavior during a bull market.
Many people panic as soon as they see a market crash, thinking the bull market is over, but you are completely mistaken! In a bull market, is there ever a situation where the market only goes up and never down? Major pullbacks are often to wash out leverage and floating positions, allowing the market to grow healthier. Today it drops 10 points, tomorrow it might bounce back up directly; this is the normal state of a bull market—wild fluctuations are the true rhythm of a bull market!
I mentioned earlier that the altcoin season started in mid-July, and it is still following the established script. Bitcoin is still consolidating and slowly rising in the $110,000 - $120,000 range, resembling a frog being boiled in warm water for accumulation. Short-term pullbacks are a normal healthy trend and are a way for the main players to clear positions and harvest short-term speculators. Truly smart players will use pullbacks to increase their positions.
How do we view the current market?
• Ethereum is seeing huge amounts of capital bottom-fishing, with institutions and whales frantically accumulating, which is solid evidence of a bull market.
• Although altcoins are experiencing short-term volatility, they are still in the initiation phase; sentiment, capital, and hotspots are just beginning, and the real main upward wave is still ahead!
• Pullback ≠ risk, but an opportunity for you to buy at lower prices. Many who missed the boat only dare to enter the market during pullbacks, but you must understand that a deep pullback of 20% is nearly invisible because the market is still in a strong accumulation phase.
Fei Ge's script emphasizes once again:
• Mid-July - End of August: Explosive growth in the middle of altcoin season, rapid rotation of hotspots;
• September: The Federal Reserve cuts interest rates, the market enters a period of consolidation and buildup, while the main players quietly accumulate;
• October: The main upward wave officially arrives, with all coins flying together!
• DOT: The core infrastructure of Web3, governance, staking, and cross-chain are all reliant on it;
• FIL: The leader in decentralized storage, which will be essential for future AI and Web3. These two coins are severely undervalued; 5-10 times is just the baseline, and 20 times is not a dream!
Remember, this is not the mountain peak, but the foot of the mountain! Never let short-term pullbacks scare you away; the real explosive growth begins after the consolidation.
Three Steps:
1. Seize the opportunity during the pullback;
2. Do not frequently change positions and do not get washed out by volatility;
3. Be patient and wait for the main upward wave to explode!
A bull market is about rising and falling, those who are patient will laugh last!