The first person to publicly hold 2.6 million altcoins, confident after experiencing two bull markets.
Brothers, in the past two days, the sentiment for altcoins has skyrocketed! Various institutions and big players have started to position themselves in altcoins, driving the market to surge across the board, with Ethereum entering a strong rebound mode, closely followed by altcoins. Bitcoin's market share continues to decline, and liquidity is massively flowing towards ETH and the altcoin sector.
The probability of a rate cut in September has reached 93%, and it is highly likely that it will be reduced by 125-150 basis points, and it will definitely not be just once—at least three consecutive cuts! This aligns with what I have been analyzing for you: August is the starting point of the general bull market. In the current market, it is not advisable to play high-leverage contracts; positioning in spot trading is the way to go. The biggest rule of the bull market—those who stay put win! Holding onto your chips is essential to enjoy the big wave.
Currently, Bitcoin has once again broken through a new high, and this wave of hot topics and capital has just started; there is no reason to see a deep correction unless it's a quick drop and rise short-term washout, otherwise, don't fantasize about having another opportunity to 'pick up passengers on a reverse.' Especially from August to October to November, these three months are the golden period for retail investors; you must maintain the rhythm, hold steady, and the rotation of sectors will begin very quickly.
Yesterday’s drop was actually very healthy! It directly cleared a large amount of high leverage and short-term contract chips from the market. This is how a bull market should be—pulling while washing away, continuously clearing the leverage bubbles, which is even more reassuring. Otherwise, if it keeps skyrocketing without correction, everyone will feel anxious. Yesterday's washout does not affect the continuation of the upward trend; instead, it has cleared the way for the subsequent main upward wave.
As for whether one can still position in altcoins? I say, not only can you, but you must do it quickly! Once Ethereum starts to rally fully, a 30%-50% increase could be completed in a day or two, with prices quickly moving away from the bottom. Once the sector rotation starts in October, the DOT and FIL that I have always held are expected to see a 10-20 times increase. This is the sense of rhythm—patience, holding, waiting for the explosion.
Brothers, the carnival for retail investors has just begun; persistence is key.