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summer plan + my altcoin watchlist
(charts in comments)
thoughts:
- we've seen strength in certain altcoin sectors
- bitcoin still looks weak and hasn't given a trigger yet
- many of the stronger altcoins broke their uptrend structure or key levels after the rally = corrections likely?
plan:
Bitcoin
- still don't think Bitcoin is worth it until it gives a trigger, - still think it needs more time and potentially more downside before mini down cycle resolves
- still very bullish on previous cycle continuation while mini cycle correction forms in line with 4 year cycle
Altcoins
- still think it's worth noting down the strongest altcoins from the past few months
- we've seen altcoin strength while bitcoin was weak
- note down ideal buy zones and triggers in case of a bigger correction
- maybe they show early outperformance again once Bitcoin bottoms, shows strength, or stops nuking everything = ensure having a clear setup with trigger and invalidation
Overall, take it slow, enjoy (euro)summer, and play the stronger altcoins. Don't turn into a macro pessimist because you'll miss the reversal.
Watchlist
AI
- VVV
- NEAR
- WLD
Pokemon
- CARDS
Privacy
- ZEC (idk about the situation but watching)
Hyperliquid
- HYPE
Darkhorses
- BNB
- MEGA
- NL (as worldcup winner)
(altcoin charts in comments)