I've lately sold $NEAR at 3,86$
I didn't hit the local top unfortunately. I've decided to sell not because i stoped believing in these projects. I still think there's potencial but altcoins have dried in liquidity.
$BTC took entire spotlight
Leverage is now almoust at same highs as it was in 2021 when it reached all time high of 69K$
I've attached for context open interest on CME.
I'm expecting a deleveraging of Bitcoin. When this plays out corrections on altcoins could be from -10% to -25%, this will be the time to go all in on promising altcoins.
Portfolio will get restructured with projects we haven't had in portfolio yet.The investment thesis is changing so we're adapting to new trends that we believe will play massive role in 2024.
As the structure will change we'll post in depth analysis. But now it's time to observe the market and altcoins 😉