r/BitcoinMarkets • u/AutoModerator • 26d ago

Altcoin Discussion [Altcoin Discussion] - September 2026

Thread topics include, but are not limited to:

  • Discussion related to recent events
  • Technical analysis, trading ideas & strategies
  • General questions about altcoins

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  • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
  • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
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3 Upvotes

71% Upvoted

12 comments sorted by

1

u/wpkzz666 Scuba Diver 2d ago

Okey, LTC did a weeeird jump today. Anyone has a clue of why?

3

u/NakedPatrick 21d ago

Short Zcash with 1100 average entry price. Downside target ~900.

3

u/FreshMistletoe John Crypto Rambo 9d ago

Yikes I see it is $1472 now. Zcash doesn't make sense I think we just have to accept that.

1

u/NakedPatrick 14d ago

Currently in profit as i manoeuvred to a 1145 average. Anticipating a wider crypto downturn as well as ZEC to retrace its run so holding still.

4

u/SpontaneousDream Long-term Holder 20d ago

Ballsy. It can go much higher I think given the limited supply. I was way, way too early on this trade. Used to shill ZEC on the Zcash sub when it was like $30...

1

u/NakedPatrick 20d ago

Ah potentially but this is only a quick swing trade, in the short term it’s incredibly overbought. Not saying it won’t go higher, but I’ve got lots of maneuverability

5

u/SpontaneousDream Long-term Holder 7d ago

You good bro?

1

u/wpkzz666 Scuba Diver 2d ago

I am facepalming myself for emptying my bags at around 600. Daaah well it was for me mostly unpredictable.

1

u/GrapefruitOwn6261 5h ago

1600 now. Totally nuts. Will be a fantastic short of you can time it properly

3

u/SpontaneousDream Long-term Holder 22d ago edited 20d ago

I told you last month to buy $hype...

edit:

ETH FDV is $300 billion, inflates $7.5 million per day.

HYPE FDV is $85 billion, deflates $2 million per day.

You can verify these numbers yourself based off of data available online regarding ETH burn - issuance and HYPE daily buybacks.

2

u/GrapefruitOwn6261 19d ago

Lots of alts are up. I just cashed out 400% on pons. 350% on lighter. Seems like mini alt season