As we wrap up another strong week in the market, there’s a growing sense of excitement among participants. After a shaky start on Monday, the market has shown resilience, bouncing back with two consecutive weeks of gains. Going into the weekend we are watching some key levels looking for a potential shake out for the late longs. So don’t fomo as we approach significant resistance levels that could lead to a pullback.
In this weeks video we highlight the importance of entry points, particularly in the altcoin market, which is showing signs that are typically a precursor to big runs. While a lot of people are fomoing to chase gains we have been positioning aggressively since the August low. The best opportunities are still in front of us and if you have not been positioning in the way you want, stay patient and observe as we will likely get one last opportunity. The upcoming seasonal inflection point, around the autumn equinox, and our big Q4 time by degrees date, which was given to subscribers, will likely bring a critical change in trend.
Ethereum is beginning to show strength as a standout performer. A sudden move back over $3,000 would not be a surprise and it would really ignite the on chain activity. This is something we have been prepared for and anticipating giving us a prime opportunity. Our recent watchlist additions are showing just that with one up by an impressive 350% and another climbing 70% since last week, these are the kind of out-performers we research so hard to find. As the altcoin space continues to heat up, I believe our watchlists are setting the stage for remarkable returns over the next several months.
That said, now more than ever, it's crucial to maintain a multi month perspective. It’s easy to get excited in the short term but the patterns currently unfolding indicate that we are on the brink of a sustained upward trend. Zooming out to the broader market but paying attention to specific opportunities, will help us eliminate a lot of the noise as we gear up for a huge Q4. Watch the video for full insights and analysis on our alt coin lists and remember to stay patient and focused as this is likely just the beginning.