During alt season, everyone's a winner, but there's a big difference between catching a 10x-20x and a 2x-3x. So how do you know beforehand which alts are strongest? Which alts are fueled by the narrative or have the most momentum?
This past week's market structure is an excellent opportunity to find them. At the beginning of the week, BTC dipped and the alt market overreacted, like it always does. But once BTC recovered, how did alts behave? The strong alts have already recovered and are up on the week, as if the dip never happened. Outperformers tend to continue to outperform. Scroll down coingecko and research every coin in the top 100 that is:
- Green on the weekly.
- Not a restaked/wrapped BTC/ETH.
- Not a meme. Memes generally don't follow the rules IMO. I don't understand them and don't invest. Not sure how well this rule applies to them, maybe it does. Invest at your own risk.
Research every one. If you are holding a coin, and the coin you are holding is still down on the weekly, but a competitor is up? Consider moving some money over. The best tech doesn't win in alt season, narratives do. Notice a narrative that is trending (e.g. RWA), consider allocating a portion of your portfolio if you haven't already.
Bonus points: look for common narratives between coins that are up this week, e.g. gaming, AI, RWA, L2s, etc.
Good luck in the alt season everyone!
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