ELEVATE MISTRAL

ALTCOIN SEASON NEXT?🤔 MY THOUGHS 👇

I personaly think this is a bear trap for altcoins. Many altcoins made new multi monthly new lows, except few exceptions. The ones that didn't make new lows will be faster horses.

Currently if you check BITCOIN / ALTCOIN Season Index you can see $BTC has prevailed. Which should mean soon capital will start shifting to altcoins.

Global Liquidity index is also giving us a hint that 2nd part of 2024 and 2025 will see massive liquidity boost and this is a time where alternative asset class will bloom --> quality altcoins should see exponential growths.

I'm attaching 2 charts that show what I'm talking about.

In short: smart people are buying now and accumulating. Crypto tourist are leaving or lost interest. Tourists will return in few months to buy new highs.

Todays prices are what everybody dreamed off and now is afraid to buy. Remember biggest profits are made by buying fear not hype and green candles 😉

Summer of 2024 was very weak for crypto. One of the worst few months in crypto ever. Most altcoins made new multi yearly lows.

Although most care about price, but I care about developments and problem solving.

If you will go in 2023 you will see I posted $NEAR was #1 most active project in development. The price was around 1$ and within 1 year it went all the way to 9$.

I am saying now the same for $ROSE. It's #1 active project by development, it has officialy partnered with tech Titans like Meta, Google etc... yet price is surpessed.

You are either a buyer at 0,05$ or you will cry within few months why you didn't listen to me to BUY like I told you with $NEAR in 2023.

Choice is yours 🙂

My strategy is also packed with other fundamentaly undervalued altcoins but I will not go in depths of their updates in this post because It will be too long & complex.

On other hand we're also facing interest rate cuts. Some are thinking US could cut rates by 0,75bps. If it occurs this will ignite volatility in capital markets and most likely raging bull run.

I said in past that 1$ per $ROSE is still massively undervalued . It has a unique value proposition which I have explained in past posts.

Most are now panicking at 0.05$ - 0.10$ range. In few months or 1 year It wont matter because I think price will be much much higher.

Crazy times in crypto past 2 weeks.

Most altcoins are making new lows.

Current price action reminds me of COVID 19 crash.

VOLATILITY INDEX just hit highest volatility since 2008 recession 😱

I don't know if we'll go lower or bounce back but I will HODL it through this chop.

As long as fundamentals of current assets remain the same I'm a buyer at these prices.

If price action has impact on your nerves the best is to forget about the market and return few weeks.

Markets have teached me: NO PAIN, NO GAIN.

You have to buy pain to make it in crypto. This is the golden tip.

Stay strong, leave the charts and portfolio and return back in 1month+

We still didn't have altcoin season after $BTC halving in 2024, so I think the true bull run for quality coins will still occur but I think that will probably be in Q4 2024 & Q1 2025.

My suggestion would be to accumulate at these price ranges and just forget about portfolio.

Current price action is guided by macro events. Fundamentals of specific projects are not weaker but panick and leverage liquidations have lead to irrational price plunges. It's up to each person to decide if he's a buyer at such rare sales or he's a seller. I already gave you a hint.

Stay strong & HODL 😉

MARKET REVIEW 👇

The approval of the $ETH ETF marks a significant milestone in the cryptocurrency landscape and the recognition of a new asset class in the institutional view. Pension funds and major hedge funds now have exposure to the first altcoin. In my opinion, this is just the beginning.

$BTC is cooling down & moving sideways. Sooner than later market will shift to altcoins. Seems like next altcoin season will be run by institutions not retail.

According to major analytics firm SANTIMENT, $ROSE is once again #2 most active project by active development ✅

Remember when i kept posting this for $NEAR & it did 6x in just few months. $ROSE's past month has been packed with many major partnerships and new demo's of their privacy solutions for DeFi, security, etc have been announced.

$ROSE has been highlihted by Forbes 🔥

Link: https://www.forbes.com/sites/craigsmith/2024/07/11/new-privacy-tools-promise-protection-from-prying-eyes/

Most people are still sleeping. Keep in mind most altcoins have made new local lows. $ROSE is printing higher low. If breakout happens it will be massive. Although I am not worried in this chop. I think this will go atleast to 1$ range. We're ranging now below 0,10$.

I've said the same for $RUNE & $NEAR in the past and i was too conservative and sold too soon.

In front of your 👀 lies massive opportunity for long term oriented investor. Crypto tourists are leaving since price is boring. You either take the opportunity or fade it.

Make a choice 😉

$ROSE team has announced in previous week that big partnership and new big update might be comming soon.

$ROSE is again #1 in terms of development activity 🔥

This week they're also attending an event in Belgium where big updates might be revealed 🤔

$ROSE is one of the best performing projects in crypto in past few weeks, making no new lows. Onchain data shows massive institutions have accumulated over 50M$ of $ROSE.

This project will stay big part of our portfolio as I think it will run to atleast 1$ until end of the year. Based on fundamentals and partnerships with Google & META I think 2$ range might also be an option.

At 1$ price per $ROSE token this would be roughly 7B$ market cap. At 2$ this will be just 14B$ project 😮

AI & WEB 3 need optional privacy and they've been building solution for big data & AI for past 3 years. Finaly big tech corps are starting to embrace their tech.

Dawn Song is also one of the most respected computer scientist professors in USA & has many connection with tech giants.

I do believe this project might be the best runner of 2024 in 2nd half of this year 😉

Stacking $ROSE bellow 0,10$ is a gift most are not realising 🎁

I predicted in the past $RUNE , $NEAR, $AR, while I did sell too early I think what's comming for $ROSE will be the biggest pump I've ever predicted 🚀

I might be wrong but onchain data, fundamentals, team track record all make sense. Even big tech titans are embracing it. Chart is looking incredibly bullish.

New highs are on horizon so stack while you can 😉