Major Altcoins Are Starting Their Next Move As We Speak! Altcoin Season Triggered

Video Transcript Summary

Introduction

The speaker believes that major altcoins will outperform the wider crypto market in the coming days and weeks, marking the most aggressive phase of the bull market yet.

Recent Market Events

A Chinese company launched an AI platform, causing concerns about overvalued companies like OpenAI, Tesla, and Nvidia. However, the speaker argues that this news was not unexpected and was used to cover up a shakeout event designed to flush out leverage and progress to the next stage of the bull market.

Market Analysis

The speaker uses the VIX (volatility index) to show that the stock market is due for a shakeout, which will lead to a more comfortable time for crypto markets to push higher. With bullish crypto news, surging liquidity, and high interest rates set to come down, the conditions are favorable for a bull market.

Altcoin Season

The speaker expects altcoins to see significant growth, particularly those available on major exchanges like Binance and Coinbase, such as XRP, Cardano, and others. These coins will likely rally first, driven by market makers and exchanges, before the money flows into smaller cap coins.

Investment Strategy

The speaker advises against using leverage unless experienced and suggests taking small leverage trades on big market cap coins. They also recommend waiting for the right moment to invest in smaller cap coins and taking profits quickly to avoid getting stuck in the trap of big money manipulating the market.

Trading Tips

The speaker suggests entering long positions on coins showing aggressive growth and taking profits at 2-3x. They also recommend having a portfolio across different coins to take advantage of various narratives and seasons in the crypto market.

Exchange Partnerships

The speaker has partnered with Weeks, a company owned by Mexie, to provide access to over 650 altcoins without requiring KYC. This partnership allows users to trade on Weeks and Bitternix, accessing a wide range of crypto coins.

Conclusion

The speaker is optimistic about the crypto market, expecting a bull market with significant growth in altcoins. They advise viewers to stay calm, avoid daily volatility concerns, and take advantage of the opportunities in the crypto market.