🚨 Everyone Is Afraid to Buy Altcoins - That’s My Buy Signal 🚨 Last week’s flash crash nuked the entire market. Today, Bitcoin is struggling around $105K. Fear is back at cycle highs. So is the bull run over or is this the shakeout before the next move? Here’s my take 🧵👇
1/x That was one of the wildest sell-offs I’ve seen in 8 years of trading crypto. Every single altcoin got crushed. $XRP dropped 50% in an hour. Even large caps like $ADA, $LINK, and $AVAX saw brutal liquidations. But #Bitcoin held firm. ETH and SOL survived. This wasn’t a global crash, it was an altcoin-only flush.
2/x People are comparing it to the COVID crash or May 2021. But it’s not the same. 🔹In 2020, everything, stocks, gold, $BTC collapsed. 🔹In 2021, Bitcoin was already downtrending. This time? Stocks are up. Gold is up. Only crypto got hit. It wasn’t macro meltdown, it was a crypto credit event that wiped out leverage.
3/x Bitcoin’s structure is still perfectly healthy. It tapped the 20Wmoving average and bounced. The 50W SMA sits around $102K, still untouched (even with this recent drop) Until BTC closes below $100K, this is a bull market correction, not a top.
4/x Bitcoin dominance spiked, but it hasn’t broken the macro downtrend. Even with the October bounce, it’s still printing lower highs and lower lows since August. If it closes above 62.5%, the trend changes, until then, alts still own the macro.
5/x Seasonality still matters: 🔹October = chop (alts lag BTC) 🔹Nov/Dec = alt rallies Even with the flush, this script hasn’t broken. It probably accelerated it by clearing leverage and resetting sentiment to cycle lows.
6/x Meanwhile, macro is quietly flipping bullish. 🔹Two rate cuts are now 96% priced in at the Oct 28-29 and Dec 9-10 FOMC meetings. 🔹M2 money supply is rising. 🔹Global liquidity is turning up again. That’s the part most traders are missing, liquidity leads price, and Bitcoin is lagging it by a few months.
7/x So my plan hasn’t changed. 🔹#Bitcoin between $110K–$125K = consolidation. 🔹Break above $125K–$130K = altseason begins. Until then, I’m holding large caps: $ETH, $BNB, $SOL, $XRP are all the strong names that’ll rebound first. This was a once per cycle reset, not the end of the bull market.
8/x It’s hard to stay bullish when your portfolio’s bleeding red. Even I got hit, one of my modest 1.5x $XRP trades was liquidated. But emotion doesn’t drive markets. Liquidity does. Nothing has changed except sentiment and sentiment always resets right before the next rally.
9/x Everyone’s afraid to buy altcoins. That’s exactly why I am. Fear is temporary. Liquidity isn’t. This is the part of the cycle where conviction matters most. Stay bullish, stay patient and make sure you position for the rebound.
10/x If you want my exact entries, levels, and bot ranges as I reposition after the flush 👉 Separate emotion from data. When everyone’s afraid to buy altcoins, that’s the signal. How are you playing the remainder of Q4? Let me know below 👇
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