Pigster Crypto

Success in crypto doesn’t require risky bets or being a trading wizard. The formula is simple:

• You typically get 1-2 years to accumulate Bitcoin at relatively good prices.

• Then, you wait for another ~2 years to sell when the market is euphoric and overexcited.

This approach works well for $BTC, but altcoins require more active management and attention, especially in this cycle.

Of course, it’s easier said than done—roadblocks like emotional decisions, FOMO, and market volatility can make sticking to the plan challenging.

However, adopting this passive and disciplined strategy often results in outperforming the majority of market participants.

Patience pays. Stay focused on the long game.

The total crypto market cap ($TOTAL) is still sitting right on top of its 2021 all-time high level, acting as a key support zone.

• Support Holding: Despite multiple tests, the market has failed to push higher in recent weeks.

• Breakout Potential: A clear move past recent highs would likely confirm a new leg up, similar to the post-election rally.

For now, consolidation continues, but the setup remains bullish as long as support holds. A confirmed breakout could open the doors to significant upside across the market.

Since the elections, Bitcoin and the broader top 100 cryptos have gained market dominance, primarily at the expense of mid and small-cap altcoins.

• Major Alts Leading: Large caps like [XRP](asset/XRP) & [SOL](asset/SOL) have been moving in sync with BTC, consolidating dominance at the top.

• Mid/Small Caps Losing Ground: This shift has drained liquidity from riskier plays, keeping the broader alt market in check.

• [ETH](asset/ETH)’s Role: For a true altcoin season, Ethereum will need to join the trend—historically, ETH strength is what fuels broader alt market rallies.

Overall, this trend is healthy as capital first rotates within majors before filtering down. Watching ETH’s behavior will be key to confirming a full risk-on shift across the market.

After a month of overheating post-elections, the market has now cooled off, with speculative excesses fading.

• A Healthy Reset: The drop in froth and leverage sets a stronger base for the next move.

• Spot Demand Still Needed: A true recovery will require sustained spot bidding, not just short squeezes.

• Sentiment Reset: Belief and risk appetite are at low points, meaning even if coins start bouncing, it could take time before the market shifts back to a risk-on environment.

While cooling off is healthy, the next phase will likely be gradual rather than an instant return to euphoria. Watching for signs of renewed conviction will be key.

Historically, BTC has set its high or low within the first week of the month during the second half of last year. However, the pattern seems to be fading:

• December & January: Both were choppy, lacking a clear trend.

• February: The current monthly low was set on February 3rd, but there hasn’t been strong continuation in either direction.

For now, the trend of early-month shakeouts followed by reversal appears to be over or weakening. However, it’s still worth monitoring in case the pattern resurfaces.

At the moment, Bitcoin is simply chopping sideways with no clear trend, so there’s not much actionable insight—just patience while waiting for a decisive move.