We are crossing the chasm of disbelief and entering the hope stage of the bull market. At this stage the market gets choppy and shallow pullbacks psyop undeserving market participants to “wait for lower prices” before pumping higher.
The fact that BTC is already above ATHs is a clear sign that we are going much much higher. I tend to believe the cycle top euphoria level will be in the ballpark area of $300k per Bitcoin, but you wouldn’t believe it.
Doomers think this cycle will be shorter, but they’re wrong.
The market is progressing faster than usual because we have reached a critical mass of adoption over the last several years.
The amount of money that is still sidelined at this point, waiting to enter, is incredible.
There are no signs of exhaustion.
It’s easy mode.
ETH and SOL meme coins have had a giant pump over the last few weeks and are now cooling off. The rally is far from over, but a slightly deeper correction can still play out (follow my tweets for ETH and SOL meme coins I am bullish on).
I think BTC can touch the high 50k levels and cause a bit more bloodshed across alts, but now is not the time to guess bottoms. You must start to DCA proper meme coins here and buy more as price slides lower. If you already have a bag from lower and are happy with the size then just hold.
Eventually we are going higher.
As I have mentioned before, you should have exposure to Solana hybrid tokens or token-22 coins.
This is the second largest narrative on Solana that will make a comeback at some point in the near future and right now prices are capitulated.
Lump-sum invest at these levels and hold, you cannot risk the slow DCA strategy.
The top Hybrid DeFi tokens that I am holding include:
There will be others that do not exist yet so keep some cash on the side to ape these projects as the narrative gains hype again.
You should also watch and observe base chain meme coins.
I don’t think now is the best time to buy so I would simply observe the top meme coins and wait for accumulation patterns to form before buying.
A few Base memes I am watching are:
Another narrative that I have not done enough research on but I know will catch a lot of hype at some point is the Blast L2 ecosystem meme coins.
I will update you on Blast meme coins later.
-Scared Money