🐱 Altcoins at the bottom? Is it worth entering now? When is the alt season?

I know there are many altcoin holders here. In December last year, I got rid of almost all my altcoins (in favor of ETH). Now I'm gradually accumulating positions back! So please react if you are interested in posts about altcoins, I will release updates more often.

💭 I would hardly buy altcoins now for USDT under any pretext, but... if we consider from the perspective of "where to allocate Ethereum," then right now is arguably one of the best entry points for switching to altcoins. So let's get started...

#outperformEthereum

I'll provide some statistics on altcoins/ETH since 2021.

I’ve compiled a list of altcoins that I plan to buy (mostly tier 1-tier 2 top coins) and made an overall chart of assets to ETH...

Once a year, even a blind squirrel finds a nut.

👀 If we look at the chart of these coins against ETH since 2021, we can observe the same pattern: ATH, 6 months of decline, bottom, 6 months of growth, new high, and so on. + if we remove individual altcoins with anomalous pumps/dumps, the structure on the chart will be much cleaner and nicer)

❕ The situation with $USDT is somewhat similar; it’s just much clearer and more understandable with ETH.

If we believe the trend, we are currently in the 5th month of another decline (from the peak in April). And I see no grounds for deviation from the scenario.

What does this statistics give us?

We have a general understanding of how money moves in crypto, indirectly confirming our assumptions about the upcoming alt season, and looking at it makes it psychologically easier to accumulate altcoins.

💭 If there is a real alt season, this time we will see a truly beautiful breakout, not just another bounce.

However, since I primarily follow conservative methods, I am of course waiting for at least a bounce, at which point I will secure a decent profit.

Soon I will post updates 🙋

🔱