What you see above is the cryptocurrency market cycle in action. Ethereum has long been the leading contender for king of the shitcoin market. Most alts tend to move in tandem of ETH's direction. With that said, I've overlaid 3 well established shitcoins that help illustrate these cyclicals highs and lows. As you all know my thesis on crypto-winter, this chart does well to exemplify this. We see alts tend to make moves to their ATH in the middle of Q2, usually peaking in the beginning of Q3/end of the summer. Moreover, alts mostly bottom out sometime in Q4. If the shitcoin market is to continue following this trajectory then we can expect shitcoins to range around the equilibrium line until BTC gives the clear green light that spring has in fact sprung.

With that said I believe we are currently at a junction. BTC is at a crossroads and trying to breakout of its previous horizontal level (12-12.5k range). If and when this happens I expect alts to hit their local bottom and then start to rise in conjunction with BTC although its rarely something we see happen. At this point in time I think it would be wise to start accumulating your favorite LTH's that have been suppressed up until this point.

A handful that I will be topping off tonight and look to slowly add to over the rest of Q1 (not an exhaustive or complete list): XLM, ADA, ZRX, EOS, and OMG.

Remember: Accumulation is a tactic smart money uses to slowly add to their base positions in anticipation of future price movement. When you start to see an uptick in volume without significant price movement, rest assured there are whales buying up your favorite shitcoin and will sell it to you at a much higher price in the future. Stay safe, stay smart, and stack satoshi.