Gumg

Bitcoin outperforming almost every altcoin is what you really want to see when exiting bottoms + bear markets
I bet many of you are anxious at the feeling of having missed out but it just shows that if you buy here and then we go lower you're still having good entries HTF

Do NOT buy $PUMP after a 25% move caused by a series of KOL tweets just because it went up
The lows are probably in but you will have time for better entries
Reasons to be Bullish
(1) Monopoly for Degeneracy/Speculation in crypto & has the distribution
(2) 50% of revenue buys back tokens
(3) Token that benefits the most from Solana succeeding in the bull market
(4) Sentiment around it is so bad that it can only get better
(5) Token is very mispriced given its revenue, but (4) is driving price more than fundamentals are
(6) Huge pile of cash to invest in the ecosystem/new products
Questions
(1)

$SOL
> Up only from $75 to $140 last cycle
> Down only from $140 to $75 this cycle
Both times this range offered no resistance/support leaving a really large imbalance area
There is no resistance until $125 which even at this current price is a 64% gain
Flip $125 and imagine a range from there to $143 which will take time to chew but technically there's a clear and easy path to a ~100% gain with size for when the bull market resumes
The real test for demand comes when we flip $140, lots of variables go into play like network usage + trading volume + stock volume & rwa adoption + perp trading m

Bitcoin doing exactly the same as it did last cycle
Bullish divergence on the weekly & days till it started trending higher:
2022: 161 days
2026: 147 days
Both times the divergence ended with a new low for BTC, which was the cycle bottom
I'll say it again, there's no point in trying to wait for a bottom when you already have great prices
If you buy at $60K - $64K and then more at $45K your average will still be incredible for the next bull cycle
You don't have a guarantee that it gets to $45K though