So the Price of BTC has been 63k for almost a week now, but two days ago we saw a little dip into the 62k range which of course destroyed alts as expected.
Well, not completely expected because we felt alt were already over-dumped, and may not really dump anymore, but this doesn't look or seem like it.
This means that if the bottom is maybe 48 to 55k range then, there's probably a lot of pain incoming for alts.
I think if I consider historical patterns, them my deductions would be that the market is expected to bottom in the 48k range, and that would still mean a 15 to 18% dump for alts even if a lot of them are already at -95 to -99% down if we consider their 2021 ATH (not factoring the pump as saw in January 2025, because technically no one saw that as a proper bull run)
So, maybe the theory that alts won't dump as much because they're already over-dumped doesn't hold much water. Also, the predictions on the street is of utter doom, and there isn't much happening, except of course you're gambling meme coins.
On Twitter lately, a few people are begining to flip x10,000 in profit.
The other day, someone made $170k using about 500$ I think. A few people have made $10k using $100 and people are begining to join the meme coin trenches again.
I think this success stories is why a few people are begining to join the trenches to try their luck. However, the same old crypto principles still applies: you need money that's basically not money you depend on.
This is money that doesn't hurt you if you use it, it doesn't change the trajectory of your financial plan in any way and letting it go won't do anything.
However one thing no one talks about meme coins is that 90 to 95% of people fail woefully when trading it, but the 10 to 5% success rate you see are the ones the stories makes it to your timeline.
These are the stories that inspire new people to continue trying out the tranches.
A lot of times, it's not luck, not consistency, it's probably more insider information and a lot of period of constant failures, the lessons you've learned from failing, so basically a few people will get to change their lives, some will, but never really take profit, while over 90% will lose savings, money meant for important things, and all that.
But why are people choosing meme coin?
Well if you look at the broader crypto market a lot of project do not have systems beyond their pumps and dumps, so they're always almost non-existent in the bear market, and as always this is where or why Hive is a superior project in that regards.
With meme coins there are no seasons, just people gambling here and there with the hopes of changing their lives, and this is probably the time it thrives even more because many people are itchy to try new things to keep themselves busy till 2028.
.....As always, I've predicted that it'll be a slow dump back to the 48 and 50k range and this still means another 15% dump alts even at this range. So as always brace yourself for the dumps of the next two months.
Also I like to point out that since I became devoid of emotions, I've began to see the market clearly and because of this, my expectations have become a bit better, and my predictions have become even better.
To see the market clearly, there's no way you wouldn't need to let go of your emotions, and when you finally do, then you can predict periods of dump, pumps, realistic expectations, using the history to look at trends and using these trends to judge the way the market is going.
I think a lot of people are talking really tough about how sad they are, some others even come to bad mouth Hive the moment it loses momentum or dumps in price.
I think all these are emotional crashout that can be valid, but I think the more you begin to look it at less emotionally the more you begin to think about how you're going to take advantage, how to map out plans that will definitely help you to be in profit in 2028 even if you're currently in red..
