In 2017 and 2021, the most common piece of advice in crypto was to buy break outs. That is, when a coin breaks past its ATH, deploy more capital — Soros style. Things are very different today. In the wreckage of DexScreener charts, you’ll see a fairly common pattern: coins no longer react like they suddenly found the cure to cancer at ATHs. Instead, you see a barrage of what your chart-lovin’ friends call a “swing failure pattern“. A gentle brush above ATHs
...totally agree. there's few (visible) catalysts though in this particular moment. i still believe that in a not-too-distant future some US regulation might legitimize DeFi and then there'll be a revival of revenue-driven token repricing.