$BONK hasnt started it’s real run
#LetsBONK
BONK hasn't started it's real run. It's been testing up against this longer term resistance. Once cleared I think we see the true explosive move.
I don't believe we see a full alt coin cycle. If BTC moves up and risk is back on my view is we have a rotation of a few alts, not across the board bucket move of all alts. How people source information of what to buy has changed the last years. People will chase and buy beta and not do as well. Hold BTC and begin allocating for what should be large moves of a few. My bet is on a handful of L1s and top memes. Week long runners of new names that see big corrections quickly, I don't play those well.
I will continue to use BTC and BONK as my barbell strategy going into the second half of the year.
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