Bitcoin Hits New All-Time High. But Where’s the Hype?
PLUS: The Trader Who Bet $1B on Bitcoin, is now Long Pepe
Hi Investor 👋
welcome to a ✅ free edition ✅ of Altcoin Investing Picks, the most actionable crypto newsletter.
I hope you enjoyed our last issue “ETH Isn’t Dead — It’s Just Waiting for the Fed”
If you haven’t yet, subscribe to get access to this post, and every post.
In today's newsletter:
💡 Bitcoin Hits New All-Time High. But Where’s the Hype?
📣 The Trader Who Bet $1B on Bitcoin, is now Long Pepe
📈 Arbitrum keeps leading in net flows
Let’s dive in!
💡 Insight
Bitcoin Hits New All-Time High. But Where’s the Hype?
The Silent Surge
In previous cycles, a new ATH would ignite a media storm, with headlines blaring and retail investors piling in. This time, the silence is deafening. The mainstream media isn't buzzing, and social media isn't ablaze with excitement. The usual retail frenzy is absent.
This subdued reaction suggests that the current rally is driven by more sophisticated investors—institutions and seasoned crypto enthusiasts—rather than the impulsive retail crowd. It's a sign of a maturing market, where price movements are less about hype and more about fundamentals.
Why This Is Bullish
The absence of retail FOMO indicates that the market hasn't reached a euphoric peak. There's still room for growth as retail investors have yet to re-enter en masse. When they do, it could propel prices even higher.
Moreover, this quiet rally suggests that the market is building on a solid foundation. It's not being driven by speculative mania but by genuine interest and investment from entities that see long-term value in Bitcoin.
What It Means for Altcoins
Historically, altcoins tend to follow Bitcoin's lead. As Bitcoin establishes new highs, attention often shifts to alternative cryptocurrencies, leading to significant gains in that sector. The current environment could set the stage for a robust altcoin season.
For investors, this is a prime opportunity to research and position themselves in promising altcoins before the broader market catches on.
👉 Want our full analysis and picks? Join Altcoin Investing Picks and get every week new micro altcoins with 10x+ potential like this one plus ratings and buying recommendations.
📣 Update
The Trader Who Bet $1B on Bitcoin, is now Long Pepe
One of the most closely watched crypto wallets in recent weeks is now betting on pepe (PEPE), days after drumming up a record billion-dollar notional position on bitcoin on the onchain trading platform Hyperliquid.
The wallet has gone long on PEPE with $1 million at 10x leverage, flipping from billion-dollar bitcoin trades to high-stakes memecoin bets. The position is already up $500,000 as of European morning hours.
📈 Signal
Arbitrum keeps leading in net flows
In the past 30 days alone, it saw 12x higher net flows than Ethereum.
Are you buying?
Take action 🚀
If you want to level up your crypto journey, consider subscribing to the premium package.
Here are some of our latest popular premium posts:
Thanks for reading!
See you next time