Tip to track Alts that can outperform Bitcoin
> Just open Alt/btc chart then form your bias
Example at INJ Oct 2023
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ETHBTC chart
No sign of strength until 0.0300 level.
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one breaking up the channel
Other breaking down the channel
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Alts look heavy but BTC is Not dropping
The point is when you think about shorting Alts is the moment BTC starts pumping 😂
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Market is lack of idea to move market so they picked Alphabet narrative 😂
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Lmao I hate A coins so much 😂
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Chair now is being traded at 68k now.
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There is always new narratives with high volatility with strong trending to make money
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BTC now is ETF asset with global liquidity.
Imagine BTC moves like SPX or Nasdaq Index (super cycle)
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Market sentiment is divided in 2 parts
one side looking for target 100k
Other looking for bear target 50k
Max pain is BTC keeps in range 62k-72k till the end of 2025.
Just Trade meme
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All in All I want to say is
There will be crazy pumps (Memes) like what happened at Feb/March => repeating at Oct/Nov/Dec
Blow Off Top happens at Dec or Jan 25 (Everything)
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many feel uncomfortable when your pets are not moving.
Be patient.
King pet moves first
Other will follow
everything will move in Oct & Nov.
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It is not easy to pick alts outperforming bitcoin in October.
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BTC dominance chart
Still no sign of weakness
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Rose Army missed a lot this weekend.
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#DIA reminds me GAS pump at October 2023.
TP 5.5-6$
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Total production cost includes ( Cost of wood material + Warehouse + labor + ... etc) is much more than 6$, probably at 10$
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Do you know where is resistance in parabolic trend ?
It's your mindset, which is trained in sideway/bear market.
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#SUI is a good coin of last month
This month #DOGE is good 😉
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back to the era of 2017, I could not imagine how BTC volatility is even lower than stock market.
ETF has changed the game.
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In last summer BTC moved in range 55k-70k but tech coins still dropped 80%
after 6 months, BTC is still around 60-70k but many tech projects could not recover.
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Highlight Trades in September
#REEF +900%
#RARE +250%
#SUI +170%
Move on
Looking for new highlight trades in Oct/Nov
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Firstly Dady Doge pumps
Secondly Big Pets follow
Thirdly baby Pets follow
Finally your friends ask you to invest meme at Q1-2025
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