ETH Soars Past $4,000, But Where’s the Altcoin Party?

it's been a pretty hectic week because of the independence day I've been quite busy with the worklife and so on

couldn't been able to find time to write or check on stuff that's going on in the market recently but still shorting and longing every move means missing out the whole thing.

I genuinely thinks we'll make it only if doesn't stop running so we could enjoy an alt season at some point but here's a thing.

What happened to Alts When ETH Pumped?

It was 2023 when bitcoin started running up and back then we didn't had a full blown altcoins season and people said we'll only get altseason once ETH start running up again.

So two years later now ETH is above $4000 and there's literally zero fucks given by the altcoins like not a single coin moving like that'd convince us about altcoins season.

Anyways I was about ETH and how woke people are just too bullish about season 4 seasonality pump.

As of now august has been a pretty good month compared to it's historical price action we're far better this time

And if we made out of september without letting any major crash from happening then we'd be in good position for a run up in q4.

it'll Top sooner or later

The thing most people discuss after every pullback is that we're going to crash and the market top is in

But I know this cycle top isn't in as long as people are out there calling for the top

And there will be obvious signs of foolish behaviour, greed that takes most people out when we go through liquidation event.

Bitcoin had it's run, ETH had it's run, SOL also had it's run even though Dino coins like BCH, LTC, BNB had it's run

Up 300%, 500% from the bear market lows is quite good to say that was our alt season.

So a crash is imminent at some point before this year comes to an end and I think it'll happen in september.

Even Hive had it's run and now Leo

We've seen hive going from $0.2 to $0.65 in this cycle and we can call that a top for this bull run cause nobody sane can target 100x, 200x return

In a market like we have today, there's thousands of altcoins

Money won't flow into every single coin so we know utility aspect is just nothing that matters.

Now inLeo is having it's run and flipped hive as well so it'll top too at some point so from this perspective we should top anyday now and it'll make sense

But if we've not made any money till now in bull market than it's our own failure and I'm kinda guilty for not utilitising the bull market I was wishing for when it was bear market.

I believe I have fucked up and will have to stay another few years to witness a bull run again.

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Wrapping Up...

In the end I thought it'd be easy to make decision with a clear mind and I've set up this scenario where everything is crashing and I need to make it out alive

I don't want to loose and now when Michael burry posted that it's a good time to buy that just makes it a lot more sense to say we're going to witness a real crash.

I hope I'm wrong this time but let's see how market will trap us. Do share what you think about it in the comments.

_fin.