🆘 NO NEW MONEY FLOW 🆘

In recent days, the Trump effect is still focused on $BTC , and the money flow from large funds and whales is also only concentrated on Bitcoin, resulting in BTC always reaching new highs, while altcoins always seek new lows. From my personal perspective, when the crypto market lacks new money flow, which is also the largest money flow from the majority of new individuals, it is common for funds and whales to withdraw liquidity from altcoins to inject into Bitcoin, and that is why BTC seeks new highs while altcoins seek new lows.

So how can we attract new money from the majority of newcomers into the crypto market? Like previous seasons, funds and whales often pump the price of a few meme tokens with the aim of changing lives overnight to attract FOMO and the ambition of quick wealth from new investors, or pump BTC to very high levels to attract media attention. However, in the current season, newcomers have become much wiser as they realize that making money is not easy through crypto investment, and with the economic situation of individuals declining globally after the pandemic, they are even more cautious when deciding to invest in crypto.

Therefore, it is very difficult for altcoins at the present time; often, even a slight price increase is just a means for funds and whales to offload and take liquidity for Bitcoin.

Note: This article is a personal perspective and not investment advice. #MarketDownturn #Altcoin #BTC