The Next Alt Season will be HUGE (Not Clickbait)
It’s CryptoDan.
I’ve had an epiphany this week.
I believe this next Crypto bull run will again offer a huge alt-season
What we're starting to see is a promising narrative forming around $ETH and it's future as a deflationary asset
The question you always need to ask yourself before investing, is 'who is my exit liquidity?'
TradFi and their giga-sized investment funds are usually late to the party, and drive longer term price appreciation, which is later taken over by retail who end the bull market. (Exit liquidity)
Since 2021, there has not been an emerging + promising Crypto narrative convincing enough to invite institutions back for another round.
I believe that this article published by Goldman Sachs will act as an inflection point, a new narrative which will be the main driver for the next bull run.
How does this tie back into alt-season?
📈ETH/BTC, and ETH price movement, has historically acted as the index for the performance of alts. When ETH/BTC goes up, alts go up.
🎰Alt-season is a creation of the wealth affect of everyone getting rich who holds BTC+ETH, who go down the risk spectrum.
The second point here is the MOST important part of this equation.
If the ETH deflation narrative kicks off, it will be the driving force creating the wealth effect of ETH going 5-10x from it's bottom, where all the Crypto natives who are NOW RICH, will gamble their funds in the ETH ecosystem (creating alt season).
BTC Dominance has also rallied to a point high enough where it has room to fall when the time comes.
This will take time to come to fruition, likely 6-18months, but I am very excited for what is to come.
The FULL breakdown of alt season, and how you can get prepared is broken down in today’s Youtube video:
Oh, and this might be my best vid yet.
Talk soon, CryptoDan.