Do Not Be Fuel!

The trends in the crypto market have their pattern to turn the market into green and red. When the positive sentiment in crypto starts to occur, Bitcoin is the first coin that gains value to advertise the whole ecosystem. In terms of crypto, Bitcoin is the top model. Following Bitcoin, some Top 30 coins show double - digit increases as proof of growing hype.

When the first sign of life shows up, the whole market gets its own share. Excluding stablecoins and some coins that had their own cycle with an early pump, the whole market becomes green with at least 1% or 2% whereas most of them are more than that. In many cases, when BTC makes an action of, let's say, 7% then these Top 20 - 30 coins make it up to 15% - 20% with a better performance.

Now, what we are seeing in the market is the growth of INJ, AVAX, SOL, RUNE and others' astonishing performance with 5x - 10x in prebull market. It is important to identify the current state in a full crypto cycle because the real bull may not come true by Q4 2024 - Q1 2025 if we consider the expected recession in the global economy.

Thus, witnessing the breathtaking performance of "some Top Coins" should not make you think that your crypto is not going to pump hard. Rather, the market makers act like Water Bender in Avatar. The liquidity flows from already pumped to not pumped yet coins. This is all about the sequence and patience of the coin holders.

SuperHype, Hype & Cheap Flow

We are almost done with SuperHype cycle with SOL, AVAX and others performance. It is getting harder to find someone to sell SOL above $100 or AVAX around $50. Now, it is time for these people with a bunch of money to flow it into hype projects.

The hype ones are the projects with strong performance and VC involvement. MINA, TIA, DOT, THETA and several others are in this category. Now it is time to watch their performance even though they may not go hard like SuperHype coins.

It is not time to collect the ones pumped hard as the phase of distribution may not over yet on their side.

Final round will be on all coins, regardless of what they are or who holds them. Everything will be purchased within prebull cycle just because they have not pumped at least 2x. It might be the best time of the market because no single person stays behind even if the coin pumps 20% in total.

Avoid Being "Fuel"

Many crypto investors expected SOL to get rejected from $100, almost everyone!

Guess what happened, first the price retraced from $100 for a limited time, then, around $93, it went up harder and broke it up to $114! All short positions got liquidated and the earnings are used to add more in LONG positions.

This is one of the latest forms of being fuel of someone else's long or short position. Never try to go against the trend, a super hype coin or a coin with a very big announcement ( can be collab. with a brand, coin burn etc.)

Waiting for the turn of your coin might be the best strategy in the market's unpredictable bull legs. Eventually, the liquidity visits your coin to utilize its potential, as well. However, not holding a strong position and jumping from one coin to another may end up with losing both sides potential. If you have had any market cycle in crypto, you understand the basics of its bullish sentiment easily.

What do you think about the inner cycle and the cases of being fuel?
Share your experience below 👇

Hive On ✌🏼

Posted Using InLeo Alpha