Weekly Watchlist Update

A great week for our watchlist with the big move up in ETH. If you have been following along you know we have been talking about this move since mid January. We finally got it after suffering a lot of pain the last few months. Congrats if you were able to hang in there and stick it out. This is likely just the beginning of what should be our biggest alt season yet. As the majors pump the liquidity likes to flow downhill. Over the next several weeks we should see the flows go into higher and higher risk cryptos. I believe this alt season could last as long as April or May but there will be some drawdowns along the way.

Now is the time to sit on your hands. Do not sell and go chasing pumps because that will result in losses more often than not. Everything pumps at random right now and if you sell something that hasn’t pumped to chase green candles you will likely buy the top and then watch your previous holding pump shortly after you sold. Eventually, as we get towards the end of alt season everything pumps in unison for 5-7 days and thats usually a good sign to be taking profit.