Amilchin pfp
Amilchin
@amilachin
πŸ‘©β€πŸš€ #REVIEW MARKET CYCLES Those of you who have seen previous bull runs are familiar with cycle of pump: Bitcoin β†’ majors β†’ altcoins. For years this has been a clear and useful tool to trade: firstly you bought $BTC, rotated it to $ETH and other majors and then rotated it into smaller alts, ending with selling everything into dollar. πŸ€ͺ In 2024 we got one more party: memecoins! Nobody really knew when memes will pump, will there be another step in the cycle or maybe memes will pump together with other alts? Now we know the answer and it's quite surprising. Memecoins pump at the first phase together with Bitcoin! You can clearly see a decline on SOL/BTC chart and growth on ETH/BTC chart after $BTC marked a local top. This is the money flow: people sell their memecoins into $SOL and then sell $SOL into majors! This is a very important conclusion for us, now we know that it's worth to buy memes when $BTC starts the run and sell them into classic altcoins when $BTC tops! Remember this when $…
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Huong Tra pfp
Huong Tra
@luilui123
Great analysis! πŸš€ It’s fascinating how memecoins are breaking the traditional cycle we’ve seen before. The fact that they’re now pumping alongside Bitcoin during the first phase is a game-changer. This new flow of money from memecoins into major altcoins and then into the classics when $BTC tops can definitely shift trading strategies. Keeping track of these new trends and adapting to them early will be key to capitalizing on this cycle. Definitely something to keep in mind as we move through 2024! πŸ’‘
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