Transcription
But we are living what could be called, I think what will be called in the coming months, we will call it the great capitulation by time. It has been 18 months that most altcoins have been trading in a range. And here, I'm talking about quality altcoins, the big altcoins, the category leaders. If we look at the entire cryptocurrency market excluding Bitcoin and Ethereum, that leads us to the chart here. We see a compression. It has been since May 2021 that we have been trading in this range here which is forming a cup pattern, an extremely powerful pattern that we will see again in the coming minutes. And we are truly experiencing a capitulation by time. What does capitulation by time mean? It means that investors are capitulating because of time. So they say, "Ah, it's been 18 months that altcoins have been in a range. For most of them, let's look at the ranges. It's time for me to sell my position. Altcoins are going nowhere, I'm going to invest in other things." This is capitulation by time. This creates pressure, an emotion. People are tempted, especially beginner investors or impatient investors who want returns now, to leave the altcoin market at the moment. And at the moment, I would be much more popular here on the channel telling you that altcoins are going to zero. But for me, what we are seeing here is truly a compression on several altcoins, and we will have a breakout. which will probably be magnificent. At the moment, as you can see here with the image, we are compressing the lemon to the maximum. We are trying to get rid of all the impatient investors, the investors who are disgusted to see altcoins not going up. Because if we look closely at the chart here, this is a compression pattern we are seeing, which is important for altcoins. It has been 4 years that we have been building our cup pattern, which you can see right here. And this pattern is a figure of accumulation and compression. And once we break out, what happens when we exit a cup pattern? Well, generally, we will cover the height of our cup. We can put it here. So for altcoins, that would mean that the altcoin market as a whole would increase by more than 90% at a minimum in the coming weeks and months, and probably more because we know the volatile nature of altcoins. I will show you other cup patterns that we have seen recently in other markets. In gold, look, we had a cup pattern and after that we had a breakout. If we look at the duration from 2011 to 2024, when I told you it was a good time to buy gold, that means 13 years of compression. And once we break out, look at that, we have been going up in a straight line for more than a year and a half now for gold. Where else do we see other huge compression patterns like the one we saw here? Well, currently, we are seeing one on silver, lasting 45 years. When we break out, we will exceed $50, and it is likely to accelerate. But I will just show you a pattern that is important that I am watching. We are exposed to miners, and at the moment it is making a lot of money because, well, everything related to gold and silver is much slower. But when it starts to take off, there is a lot of money to be made. Where else have we seen compression patterns like this, where once they were released, it was spectacular? Well, look. If we look at the stock market here, we had a huge compression pattern right here between the year 2000 and the year 2013. We were stuck in a range for 13 years in the stock market. And after that, look at that, we went up almost non-stop in a straight line in the stock market with a few major corrections like Covid or in 2022 or at the beginning of 2025, but the trend is upwards. Compression patterns. We also saw one on XRP. For 7 years, we had a triangle compression pattern like this. Once it exploded, XRP increased by more than 6 times in a few weeks. You remember, I told you that I was taking a position here on the channel, it was once again a magnificent position. So for altcoins, we are seeing a compression pattern that is coming to an end. You see here written "last resistance" in yellow. This is truly the last resistance. As soon as altcoins surpass their previous historical highs from December 2024 or November 2021, we are probably going much higher. How much longer will it last? I don't know. We can stay in this pattern for several more weeks, several months. You know, I was surprised. I thought we would break out of this compression pattern in 2025, and since then, altcoins have not stopped ranging. And well, you can give up here, but this is not the place for me to give up. I repeat, on my end, I am maintaining my positions. I am still exposed to category leaders in cryptocurrencies that I talk about on the channel here. And when I talk about them here, it's because they are my real convictions, honestly. And you know, this is a chart that I used to share only on cryptoreche.com. I decided to share it with you today. When we were in 2022, I said it was a good time to accumulate, even in early 2023. After that, it's time to be patient here. Unfortunately, we haven't gotten out of the "time to be patient" phase since early 2024. But soon it will be time to sell in stages because if we break out of this compression pattern and have our famous breakout that we see here, it can go extremely fast. And then, I think it will be time to take profits in stages.