#bag
I reduced my bag to 70% stables (previously it was 50%/50%).

Sold $ARB at 1.19 / $APT at 9.45 / $LDO at 2.40 / $MANTA from ICO at 1.44.

Two days ago, I sold and didn't write anywhere to process it all. Selling was not easy, even though it was profitable.

The tears of altcoin holders shifted to hope after the launch of the ETH ETF. Maybe the meme coin pump and the bullish sentiment of bloggers also influenced this.

Traders and regular market participants are buying or have already bought with their remaining funds.

Euphoria and FOMO have already happened; the sideways movement at the altcoin peaks has lasted 6-12 weeks (most likely distribution).

BTC has been in a sideways movement at 61-73k for 11 weeks! Why aren't the price growing? When the trend is bullish and the price is at ATH, it’s not logical to give so much time to jump on the rocket. It’s very naive to expect altcoins to grow when BTC is falling!

Projects are multiplying faster than rabbits. VCs and teams are taking profits. Example: 10 million in investment, but capitalization is close to a billion. There are many such examples: Dymension, Blur, Aevo, etc.

Projects marketing activity is high (as an influencer, I notice this). They are in a hurry to distribute as many tokens as they can.

TOTAL and TOTAL 3 have not decreased significantly, unlike prices, because they continue to be heavily diluted by massive project unlocks, like Aptos, Arbitrum, and others.

Let’s imagine you're a manipulator.

You have approximately 10 billion of dollars and the opportunity to invest in projects at early stage. Let’s say through intermediary funds.

What would you do? Spend it to grow hundreds of altcoins, where freeloaders are already waiting to get rich, or invest at a penny price in 100-200 NEW projects, reaping profit over the next few years?