ALT SZN
- Powell says data looks okay, so it's musical chairs until something really breaks
- CB, finex and kimchi premiums on BTC all falling as we break local highs + over-shorted/sold alts catching a bid likely dampens momentum on BTC
Positioning
- Long ALTS; ETH ecosystem runs first and then rotation into SOL eco?(reverse of 2021)
- Short BTC
đšď¸Currently trading mostly on @xLighter_xyz
Closed beta. Early. Points. ZK-tech. 165% apy LP-Vaults. Backed by big names. Use link to join the party. DM for access as I'm running short on codes. Only serious players apply.

Will there be another ALT SEASON season?
I'm starting to get this feeling that we might get a replay of the 2021 cycle where there were two âhumpsâ.
The first hump was led by BTC with a fervent ETH-ecosystem alt season before a harrowing collapse and then a second hump along with SOL-ecosystem alt season.
SOLâs ecosystem exploded along with its price. Questionable where the bid came from, but nevertheless a fresh narrative captured the minds of crypto participants.
Additionally there was also terra luna which became a religion, dydx hit ATHs and bored apes started minting multiple multi-millionaires during the second alt season as well.
If we get something similar, we might get a similar switcheroo type scenario.
The recent alt season was a SOL based memecoin, ai led cycle, with select out-performers in ETH-adjacent ecosystems like HYPE, Virtuals and perhaps ENA, but most of the new retail were sucked into SOL memes.
Perhaps this time, we get a back-to-ETH rally?
Iâm having a bit of trouble finding fundamental reasons for this, but the only one I find remotely persuasive is a massive mechanical short squeeze re-igniting interest in the ETH eco-system again. As narrative follows price.
It's a bit too early to tell so will be looking for signs, but dare I say it... ETH looks good here???
Some contenders for the swing trade
ETH comeback
AAVE, PENDLE, ENA, LDO comeback?
HYPE continuation
Fartcoin the fresh memecoin for retail
TAO returns?
Perhaps even some BTC betas get some time in the sun for once? ORDI, RUNES etc

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