Highly doubt we will get an alt szn like old times (everything went 5x to >10x) since crypto is not sth nascent and not a shiny object that hot ball of money would chase anymore.
Gone were the times where ppl thinking crypto is here to revolutionize how web infra works.
Feeling the rotation incoming. $BOT
Memory > robotics > memory > robotics
Software will still be in limbo.
New pair trade:
Long $BOT
Short $IGV
Kind of disappointing that platinum plasma one doesn’t even offer complimentary lounge access.
Hopefully the team can make the benefits much better and more premium.
#plasmaone#p1#xpl
Would rather buy $BTC at $80k with narratives pushing crypto forward than to knife catch $BTC at $30k, trying to time the btm.
There will be a time when crypto flourishes again, but the time is not now.
Many make the mistake of trying to catch the btm rather than buying it at a higher price with narratives supporting more inflows.
It is true that $BTC is in its fear zone and looking value to buy but right now, there isn't any narratives to back more inflow to crypto.
AI has stolen the limelight and capital market will continue to allocate more towards AI, robotics and even space in the near term.
Every asset class have its boom bust cycle. I believe crypto is slowly fading into the winter szn until sth changes.