From another perspective, is it possible that in this bull market, altcoins will not experience a general rise?
1. Since the halving, there have been too few retail investors entering the market; it's mostly just the remaining old investors.
2. There are too many new and old coins in the market; if we are to see a decent general rise, how much capital would be needed? In this market, do individuals or institutions have the confidence to buy altcoins?
3. The major drop on April 13th felt largely influenced by human factors, as if there was a desperate attempt to pull out some funds from the market, causing it to take a long time to recover.
4. Newly listed coins have been falling continuously, halving and then halving again, with no bottom in sight; everyone is eager to cash out, and there is only so much retail investor capital available—how long can they cash out?
5. Ethereum is trash.
Four-year cycle bull markets are a pattern; you can try to carve a boat to seek a sword, but altcoins may not necessarily adhere to this pattern. There may only be a few altcoins in a bull market, while many continue to decline and trap investors’ funds.
Everyone says Bitcoin has reached a new high, but how many times must the altcoins rise to break even? Previous bull markets were not like this.
So if you buy altcoins, you need to carefully choose your targets; otherwise, you are likely to miss out on significant gains (even if you buy a tenfold coin, you might sell early because you don't believe it can achieve tenfold).
