The past few days have been wild: not just MYX, but regular alts like WLD, M, Kaito, ATH, HYPE, PUMP and dozens of mid- and small-caps have exploded.
Naturally, the “altseason shill” has kicked in — eyes are glowing, risk-on mode is back, and the crowd is piling in.
But here’s the catch: most of these pumps have zero news catalysts. No events, no triggers — just random spikes. It feels more like the herd is being pushed into alts.
On top of that, the Fed rate cut (99% odds) is around the corner. Historically, that’s followed by sell-on-news: funds sell first, crypto follows — especially into the second half of September. That could get painful.
📌 If your portfolio holds tokens that already pumped — congrats. But it’s smart to lock in some % gains, rotate into stables, and keep dry powder ready.
Yes, local plays are worth trading, but going all-in on alts right now isn’t wise. Don’t let emotions trick you. 🙅♂️
