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The altcoin season index is one of the most important indices that you can consider the general outlook. In 2020, before the needle started to go up, no one could buy because the pandemic decline came. This season, we experienced a similar situation by pricing upwards before the halving. In fact, nothing changes in the cycles. It is happening, but different ways are preferred. Determining how the season will work from the beginning adds richness to your wealth with the moves you will make in the bull.
Before the start of the bullish season, it will be known that the season will start before the halfway point and will consist of 3 steps.
In the first step, they polished the areas (MEME) where the latest HYPE was expected in the lower bull season and pulled back the entire market, locking investors in.
In the second step, there will generally be a more aggressive rise, and the most unexpected areas will start to shine again. For example, NFT 2018 projects.
Since there will be a global intake operation in the third step, the pressure will be lifted from all products and there will be a terrible abundance of money in the market. We will witness the rise of almost all products without exception.
For years, there was only one perception: bullish beginnings rise and end endlessly. That era is over. Because there are so many crypto investors inside. Since it will not be possible to make money for all of them, they use old habits to make people miserable and provide themselves with liquidity. They use this liquidity to push the market up under the leadership of BTC. We play the game according to the rules and make moves in this direction from the very beginning. The industry is also moving in this direction.
Summarize:
We still have a long way to go, but it won't be the same season. It is useful to approach more cautiously at every step. Risk management and cash flow are vital. With the right additions at the right time, it is still possible to reach the levels you dream of. plummet follow my warnings and avoid being 100% in the goods. As long as you have cash on the sidelines to add 3 times in the next 10-11 months, you will come out with the whites of your forehead.
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