Let me tell you about two types of market leaders: Early Birds (🐦) & bull market MVPs (⭐️)
Here’s a great example from 2020-2021 —
$LINK vs
$SOL
🐦 Early Birds ($LINK): bottom out with
$BTC and take the lead - pump the hardest in the first stage of the bull market. Most of the gains are made BEFORE
#BTC enters Price Discovery. Top out first.
⭐️ Bull Market MVPs ($SOL): new projects that haven’t seen the bear market yet, hit the market and catch up almost immediately. Most of the gains are made AFTER
#BTC enters Price Discovery. Top out last.
The most important part is that
$LINK (early bird) topped out in May 2021 while
$SOL just made a Temporary Top. Later,
#SOL broke that $58 top in August 2021 and went to incredible $260 by November!
In November 2021:
#Bitcoin made a Higher High (Cycle Top)
$SOL made a Higher High (Cycle Top)
$LINK made a LOWER High (Topped out in May)
💡 So, it's better to rotate out of Early Birds 🐦 (
#LINK) into potential bull market MVPs ⭐️ (
#SOL) when
$BTC enters the Price Discovery phase 📈