Why Altcoins Die in Bear Markets
Altcoins don't just fall harder in bear markets - they face a structural collapse in demand, liquidity, and narrative that Bitcoin simply doesn't. Understanding why changes how you think about risk.
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Altcoins don't just fall harder in bear markets - they face a structural collapse in demand, liquidity, and narrative that Bitcoin simply doesn't. Understanding why changes how you think about risk.
Crypto market cycles follow a structural logic that repeats across every bull and bear market. Understanding accumulation, markup, distribution, and markdown gives you a framework for positioning - not predicting.
Notes on markets, tempo, and optionality