Picking Your Horses
While market recoveries driven by regime shifts are rarely V-shaped back to new all-time highs, many participants get caught up in the idea of writing off all market bounces as “bear market rallies”, or a short bullish trend within a bear market, which is almost always meant to be for selling.
This can absolutely be true, and hindsight is 20/20 in these situations, but bias aside, after a large move up following a downtrend, it is worth noting the best-performing assets and sectors in these rallies. In BTC’s recent rally from 74k to 97k, specific assets such as FARTCOIN, HYPE, and VIRTUAL set themselves apart from the pack, all rallying more than 100% off their lows, and establishing themselves as the cryptocurrencies with the largest demand outside of BTC itself.
“an industry must-read”
The Defiant PRO subscription is packed with degen-friendly features and market insights.
We've produced over 500 tutorials and articles on the most profitable opportunities in Crypto/DeFi, from airdrops to the latest high-yield opportunities; we’ve got the market covered!
Level Up your Degen Game with:
- The Defiant PRO weekly Newsletter
- Access to over 500 Premium Publications and Tutorials
- Telegram Group and Daily Real-time Insights and Opportunities
- Exclusive Community Calls with the Authors of The Defiant PRO and friends of The Defiant
Plus you’ll be supporting independent financial journalism in crypto and helping us keep doing what we’re doing.
Advertisement
