BlockBeats news, on September 8, renowned trader Killa recently posted that although he does not like the vast majority of altcoins and believes that 99.9% of projects may eventually go to zero, he still considers it worthwhile to selectively participate whenever there are profit opportunities in the market. He believes that one of the better periods historically to position oneself in altcoins is often when Bitcoin begins to form a bottom and gradually rises.
Killa noted that during the previous cycle, when Bitcoin rose from $16,000 to $74,000, many altcoins experienced gains of 300% to 500%; however, after Bitcoin began to significantly outperform the market and its market dominance further increased, many altcoins started to suffer sharp declines.
He believes that if his judgment is correct and Bitcoin has already formed a阶段性底部 (phase-specific bottom), many altcoins may also have completed their bottoming-out at low levels, suggesting that positioning early in select high-quality assets could offer significant upside potential before the true bull market expansion begins.
Killa revealed that he bought SOL at $76, and his position is now up approximately 50% from his entry price; his previously disclosed spot and long positions in HYPE were entered at $51.55, with subsequent gains of about 70%. He recently shared a swing long position in ASTER and expects this position to potentially rise by at least 50% to 100%.
“The altcoins may have already hit their bottom, and the real rally hasn’t even begun—this is the perfect time for selective positioning,” he said. He expects to see different altcoins rise in rotation going forward, and will continue holding previously disclosed positions in SOL, ASTER, and HYPE, while seeking additional promising opportunities to invest in.