Trader Killa recommends selective altcoin buying in early BTC bull phase
Crypto trader Killa advises investors to engage in selective altcoin buying during the early stage of a BTC bull market, despite a generally bearish outlook on most altcoins. Killa noted that in a previous cycle, BTC increased from 16000 to 74000 dollars, while many altcoins surged between 300% and 500%. He emphasized that the early phase of a bull market, prior to a spike in Bitcoin dominance, presents a crucial entry point for altcoins. Killa reported that positions taken early are already yielding significant gains, with SOL purchased at 76 dollars rising approximately 50% and a HYPE position bought at 51.55 dollars gaining around 70%. He highlighted the growing importance of early positioning ahead of a broader market expansion and plans to build selective positions for anticipated rebounds in individual altcoins, including a recent swing-long position in ASTER targeting a return of 50% to 100%.
-- Price
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