A popular cryptocurrency analyst identified as Cyclop on X shared what he considers the most promising narratives for the current crypto market. The acclaimed trading expert also listed some cryptos that would fit those narratives under the current market conditions.
Cyclop described the upcoming bull run as the “biggest altseason in history,” backing up his statement, he claimed that he turned $8,000 into $2.2 million in a year trading cryptocurrencies.
The biggest altseason in history is just around the corner.
— 𝗰𝘆𝗰𝗹𝗼𝗽 (@nobrainflip) February 28, 2024
I turned $8k into $2.2 million on crypto in a year.
I didn't make it with $BTC & $ETH, but with $SOL, $TAO, $KAS, $WIF, $RLB, $ANALOS.
I scanned over 2,000 alts, here are my 35 favorites 👇🧵 pic.twitter.com/rR9mIKHo4O
Before outlining the narratives, Cyclop explained the crypto market’s historical pattern, noting that it is already playing out. According to him, every crypto bull cycle begins with a BTC pump, followed by a pump in the price of ETH. He further noted that the alt season usually trails the ETH pump, with the cycles ending with a meme coin season.
Cyclop highlighted Bitcoin’s recent surge as the initial stage of the upcoming bull cycle. He cited the associated rally by Ethereum as a signal consistent with his outlined bull cycle pattern. Hence, he expects the next phase of the bull cycle to kick off soon with the altcoins pumping.
Meanwhile, the famous analyst noted that investors who enter the market early earn the most from the pumps. He clarified that liquidity will flow among the narratives, with some coins growing more than others.
Cyclop listed seven narratives for the upcoming bull cycle, including Artificial Intelligence (AI), Layer twos (L2), Game Finance (GameFi), and Decentralized Physical Infrastructure (DePin). Others include Social Finance (SocialFi), Real-World Assets (RWA), and Meme coins.
The analyst selected five large-cap cryptos for each narrative, marking them as potentially viable investment products for the upcoming bull run. He clarified that his selection did not cover the low market cap cryptos, some of which could return as much as 1000X in a single investment.
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