Altcoins are rising one after another. Is the bull market in the cryptocurrency market really coming?

Recently, altcoins have started to rise one after another, which makes people wonder whether the bull market in the cryptocurrency market is coming. Some people think that the crazy rise of altcoins may be the last madness of the market, and it will fall sharply next.

However, I personally think that it is too early to say that altcoins have exploded. Although there are indeed a few altcoins that have risen well, the entire market has not yet seen the spectacular scene of all coins rising together. Therefore, it seems unnecessary to worry about the market falling sharply now.

The Fed's interest rate cut has just begun, and the process of money flowing into the cryptocurrency market is still continuing. The big brothers of the market, Bitcoin and Ethereum, have not yet risen much. And those mainstream coins have only risen slightly, and they are not overheated.

So, let's not rush to make too many predictions about the future market, and don't be too excited. The ones that have risen more now are mainly those newly released coins, and many mainstream altcoins held by retail investors have not risen much. This short-term rebound may just be that the market sentiment has slowly changed from pessimism in August to wait-and-see. After all, the market fell sharply from April to August, and it is unlikely to go crazy again all of a sudden.

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Recently, I plan to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is expected that there will be no problem with more than 10 times the space. If you want to keep up, pay attention and share for free.