Is it just my illusion that it feels a bit like a knockoff season? Recently, a batch of counterfeit coins suddenly emerged, not the kind of trash coins you've never heard of, but former star projects like Ordi, Bio, Sats, Blur, and so on. You should know that even in a bear market, there are dead-cat bounce行情, and the so-called four-year cycle doesn't mean a continuous four-year decline. Usually, before a wave of行情, there's a wave of knockoff躁动. Large funds won't rush to heavily buy mainstream coins right away, but will test the waters on some projects with large elasticity and small market caps. Now, small-cap knockoffs are collectively emerging, trading volume suddenly increases, and at least the market sentiment has been ignited. It all seems very fitting now. I feel like April might have a chance.



As the old saying goes, don't short in April, don't go long in May. What does everyone think?
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GateUser-f4ae43e9
· 04-19 06:13
That feeling is there; when the amount increases, the emotions start to rise.
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BlueberryStakingMachine
· 04-17 19:12
Don't get too excited yet; a rebound in a fake rally might just be a dead cat bounce. Don't get carried away with your position.
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PerpNightRunner
· 04-17 12:56
If you're not shorting in April, I agree; at least don't go against the trend;
If you're not going long in May, just watch whether the macroeconomics and BTC strengthen or not.
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GateUser-9ccf7051
· 04-17 12:39
This move seems like funds are first igniting small-cap stocks, waiting for mainstream confirmation before switching, but it could also just be rotation.
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GateUser-e4351615
· 04-17 12:06
What I am more worried about is: the volume has increased, but on-chain activity hasn't kept up; don't just look at the candlestick chart.
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OldKeycapTrader
· 04-17 00:23
I feel that what you said about "Shanzhai agitation" is quite accurate; it often serves as a prelude to the market trend, but it can also fizzle out after the hype.
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GateUser-35b998a0
· 04-17 00:20
My view is neutral: you can avoid shorting, but don't go all-in on longs either; keeping some bullets for confirmation feels more comfortable.
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YieldBonsai
· 04-17 00:10
Don't forget that many fake or clone projects have heavy trapped investors from previous highs; when prices are pulled up, people start selling, making chasing highs very risky.
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MemeFisher
· 04-17 00:05
If it's truly large capital testing the waters, there may be a bigger wave of rotation afterward, with a focus on the sustainability of trading volume.
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GateUser-83c80dd0
· 04-17 00:04
Recently, the copycat projects are collectively acting up, resembling "first pulling a few big bullish candles to attract attention." It's always better to be cautious.
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