🚨Bottom Structure Forming on Altcoin Market, Beware of Volatile News for Final Flush

1Is this the bottom for altcoins? Everyone seems convinced, but given everyone is convinced this means we are close to the bottom but not 100% there.

The only ingredient we are missing is the ‘final flush’, the sort of move that really scares retail investors to give up and cash out. Remember the last local bottom in April was marked by the Israel and Palestine conflict FUD narrative. Just be on the lookout for the most extreme FUD (fear, uncertainty & doubt) narrative you can imagine, and when it comes be ready to buy the blood.

Our research on equities markets shows when an incumbent Democrat is running for re-election markets tend to bottom early in the year and pump into the election. Given we also have the ETH ETF approval as a catalyst coming up on July 6th, the market will do everything it can to shake out weak hands before the parabolic rise led by ETH. Stay diligent and make sure you subscribe to Digital Asset Research.

Have faith, have conviction, and as always STAY BULLISH MY FRIENDS 🐂