Whales are restless, indicators are moving, and market sentiment is completely ignited! The vengeful warrior Nam Seok-hee's crazy gamble
According to BlockBeats, South Korean legendary trader Nam Seok-hee recently made an incredible comeback! Previously, he faced a dismal exit after failing to go long on 107 altcoins, but since last weekend, he has once again splurged on 60 long positions in altcoins, heavily investing in ENA, WLD, MYX, and employing a full-margin 20x leverage model! Even more astonishing is that his return soared from 10333% to 45464% within 7 days, making a staggering $616,000 profit! This operation not only turned his losses into profits but also sent a strong signal: the engine of the altcoin season has been ignited!
Macroeconomic data confirms: TOTAL3 has skyrocketed, and BTC dominance is declining.
At the same time, on-chain data corroborates this frenzy! TOTAL3 (the total market value of altcoins excluding BTC/ETH) has risen nearly 9% in 7 days, while Bitcoin's market share has dropped by 1.10%, and Ethereum's market share has plummeted by 5.01%! This indicates that capital is shifting from top cryptocurrencies to the altcoin sector. As of publication, the total market value of cryptocurrencies across the network has surpassed 4.01 trillion USD, with a 24-hour increase of 2.1%, and the market has entered a state of full excitement!
Key indicators have broken through, and the trendline has been confirmed!
TOTAL3 weekly level breakout: This indicator has strongly broken through the long-term downward trend line, with significant volume increase, indicating that the influx of capital into the altcoin sector is sustainable, rather than a short-term speculation.
Bitcoin's market share (BTC.D) is turning downward: Historically, when BTC.D retreats from a high level, it often heralds the start of an altcoin season. This decline of 1.10% may seem small, but combined with capital flow, it constitutes a strong bearish signal.
Leverage and sentiment indicators: Nan Shixi uses 20x full margin leverage but 'never takes profit', reflecting top traders' extreme confidence in the trend. However, retail investors should be cautious: high leverage is a double-edged sword! If you want to know about the arrival of the altcoin season, pay attention to the moderator, and I will provide insights to my followers!!!
Moderated view: Is now the golden opportunity to jump into altcoins?
As a senior analyst deeply engaged in on-chain data, I believe that the altcoin season is no longer a question of 'whether it will come', but rather 'it is currently underway'! There are three reasons:
1. Capital: Whales (such as Nan Shixi) and smart money have made early arrangements, and these players usually have a keen sense.
2. Technology: TOTAL3 breakout + BTC.D decline forming resonance, consistent with the technical characteristics of past altcoin seasons.
3. Sentiment: High-yield stories (like 7 days 45464%) are spreading virally in communities, attracting more FOMO capital to flood in.
But a word of caution: Nan Shixi's strategy is 'high risk + high discipline', ordinary people should not blindly replicate! It is recommended to choose fundamentally strong altcoins (such as AI, RWA, Depin track), using a phased investment strategy with strict stop-loss settings!
Seize the benefits of the era, but do not forget the risks!
The horn of the altcoin season has been sounded by whales, with data and technical aspects confirming simultaneously! This could be the best wealth opportunity of 2925, but it could also be a harvesting machine for retail investors. Want to get in-depth research reports/comprehensive strategy lists on the next bull market's 10x potential tracks as soon as possible? Click on my avatar to follow me, and I will take you to explore tenfold potential coins!#山寨币市场回暖
