Local altseason?

If you look back at the market from the February lows, when we were calling for BTC buys at $60K and saying it was already time to start looking at alts - while many thought that view was crazy - the market did end up giving us a small altseason.

A large share of alts, roughly across the top 200, gained around 20-40% over that period, while BTC added 25%. Given the market backdrop, those were solid moves and more than enough to make good money. Yes, this is not the kind of altseason where everything does huge multiples, but let’s be honest - the market we had before is not coming back, and that simply has to be accepted.

At the same time, just look at the crimes - that is where the real multiples were. RAVE, for example, briefly pushed into the top 15 by market cap, moving ahead of names like ZEC, XMR, LTC, and others, while delivering massive upside.

And even on those crimes, it was still very possible to take your piece of the move, which is exactly what you saw in the Intraday cases.

So for everyone who built positions and is now sitting in profit, the key thing is simple - do not forget to realize it. The geopolitical backdrop is still fragile, and the market can turn very fast.