Over the past two weeks, memes were the outperformer for a change. It has been a long time since those did well. This is after a long streak of outperformance back in 2023 & 2024. Could be an early sign that the market is willing to be a bit more risk on. Alternatively, it could just be some shorts taking profit & getting squeezed. I'd want to see more evidence of a sustained relief bounce/reversal across the market to assume many of these coins are actually going higher. $BTC leading would be good. Besides that, you should focus on strength and not try to catch some move on a coin that hasn't moved in ages. Because this cycle has made one thing very clear. And that's that waiting for coins to move while they are down, generally does not get rewarded. It's important to stay nimble when trying to (swing) trade alts.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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