Liquidity is coming in, but risk appetite is still limited. ETF money and institutional capital are still flowing into Bitcoin first, which tells us that a Bitcoin-centered market is still valid.
We also see new stablecoin issuance and inflows to exchanges, but this money is not immediately turning into buy pressure. That means people want to buy, but they lack conviction.
Once a clear trigger appears, such as FOMC decisions, CPI data, or major policy updates, the market direction will likely become clearer.
Bitcoin grows more stable while altcoins remain weak usually come with low leverage, little retail FOMO, and reduced speculation.
Historically, this type of environment appears more often near market bottoms than at market tops.
So what should an investor do in this kind of market?
Positions should not be aggressive. All in is a mistake and leverage should be kept to a minimum, and additional buying should only be done with money you can afford to miss. This is not the phase where you aim for huge gains. It is the phase where you quietly build your position.
The core portfolio should be Bitcoin. Ethereum and other majors can play a supporting role, while altcoins should be limited to a small and selective group. This is not the time to buy many altcoins. It is the time to buy the right ones.
Altcoins should only be considered if they have real use cases, cash flow potential, or strong institutional narratives. Assets connected to ETFs, real world assets, infrastructure, or the Bitcoin ecosystem make sense. Simple hype themes or exchange driven pump coins should be avoided completely.
Keeping some cash or stablecoins on purpose is important. Volatility is still ahead, and the best prices usually appear when the market feels uncomfortable. In the current market, the best position an investor can have is flexibility and patience.
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