Whether to cash out or not is up to you, but personally, I’m in for accumulation and long-term play. Here's what I think about P2E:
1. Game tokens won’t shine until next year.
When the next bull cycle kicks in, all eyes will be on the majors like $BTC and $ETH, followed by liquid altcoins. P2E tokens are likely to get their moment later — probably around next summer or fall. But for that to happen, the sector needs:
- A solid influx of real capital;
- A killer AAA project to rebuild trust in P2E as a category.
2. Big money will pump majors first 🚀🌕
The psychological milestone for massive capital inflows sits around $200k–$250k for $BTC. After that, profits will flow into related markets, including P2E. 🐳 Big players aim to protect their investments and squeeze out maximum gains, with some funds trickling down to the gaming sector.
3. OG projects like GU will survive.
Games that kept their community alive and adapted to market challenges — like $GODS — have the best shot at a comeback. These pioneers are well - positioned to benefit from any future capital inflow.
4. New players are nice to have, but not essential.
While fresh blood in the ecosystem is always a plus, the current base of crypto enthusiasts is solid enough for survival. That said, without an active marketing push, hitting big milestones like $3.5 per token won’t be easy.
What to expect:
- $3.5 per token is possible but with the active position and actions of the project team at the right time.
- Final price targets may shift depending on market conditions and P2E momentum.
Why $3.5?
The short answer is technical analysis. For those who want more details:
The 1-2-3 pattern (or ABC, if you prefer):
We’ve already seen the impulse move (wave 1 or A), but the corresponding correction hasn’t happened yet.
📐Key Fibonacci levels:
In setups with no significant pullbacks, the correction wave (wave 2 or B) often retraces to the 50-61.8% range based on Fibonacci. You can reverse the extension if you have been taught otherwise, it will not change the essence. $3.5 is the lower, but very important limit of the maximum depth of the corrective impulse.
Once the price hits $3.5, the likelihood of continuing the downward trend is high. A significant portion of holders will likely take partial profits here, triggering further drops and eventual consolidation in the market.
For now, the best move is to keep farming and stick to your plan. The long-term gains could be worth the wait.
📢NotFinancialAdvice