Bull market cooling-off period manual: learn more, research more, and accumulate undervalued altcoins

Written by: ardizor

Compiled by: Deep Wave TechFlow

Not sure if $BTC is correcting or the bull market is over? You are not alone.

The market is being impacted by Mt. Gox, Germany, the election, ETFs and FTX payments.

But after 100 hours of data analysis, it’s clear: we are being manipulated.

Here are the truths that big investors don’t want you to know.

First, let’s discuss the current market stage.

We are now in a stage called "depression".

Many people are exiting the cryptocurrency market.

People who have lost faith in the bright future of cryptocurrencies are selling off their assets.

What they don’t realize is that survival is the most important thing at this stage.

Because this kind of pullback happens every cycle.

It has always been like this and it will be like this in the future.

This is how market psychology works.

We have seen bigger price drops in the past, but nothing catastrophic.

All things considered and the overall situation, it’s not that bad.

There are more bullish factors than bearish factors and you should take advantage of the current sentiment.

While altcoins currently lag far behind Bitcoin, Bitcoin has already doubled following the ETF approval.

However, people are hesitant and think that "Bitcoin price is too high".

Ironically, this is when the major uptrend begins.

The local market may not see significant growth next month due to small inflows into the ETH ETF and FUD from the summer stagnation.

However, the big picture remains the same: growth is imperative. During this minor pullback, implementing a DCA strategy (Dollar-Cost Averaging) will deliver the best results and help you outperform 90% of traders.

When you’re not sure what to do, your best option is to look at the bigger picture. Looking at the altcoin index, it is currently at the same level it was in November 2023. Do you know what happened after that? The market grew 5x.

All you need to do now is focus on the positive factors driving growth, such as:

➬ Ethereum ETF S1 Form Approval

➬ Trump’s Support for Cryptocurrencies

➬ U.S. Interest Rate Cuts Coming

Below Here are some possible reversal factors:

1. Global Liquidity Index:

The current market stage can be assessed through the Global Liquidity Index. This indicator covers assets held by major central banks and the Federal Reserve. Currently, global liquidity also appears to be in a consolidation phase.

2. Stablecoin Index:

This indicator reflects new funds entering the crypto market. As we can see, we are nowhere near the levels of previous cycles. The golden rule is that once liquidity starts to increase, the market will rise accordingly.

3. BTC.D Index:

Chart showing BTC’s market cap as a percentage of the total crypto market cap. See, BTC.D has been consolidating between 54% and 57% since April. Once below this range, we can expect a huge copycat season to begin.

4. Trading volume on all platforms:

Current trading volume is significantly lower than peak levels. Although the price of Bitcoin is higher than in 2021, transaction volume is still lower. The lack of retail activity is evident, but once it returns, the market will be primed for growth.

Summary

I recommend the following steps now:

• Consider a part-time job to supplement your income
• Research new narratives and ideas
• Accumulate undervalued altcoins
• Learn new skills

Because accumulate now The right position can bring 100x returns in the future. You'll thank yourself for taking this step. At the end of the cycle, you will be one of the winners.

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