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Unraveling the Mystery of Why Altcoins Haven't Soared: When Will Bitcoin's Dominance End?
Now everyone is pondering: "Why haven't altcoins surged yet?"
Let's uncover this mystery together, because in the crypto space, we not only want to make money but also learn and grow!
Look, Bitcoin has already skyrocketed to $98,000!
But why do altcoins feel like snails during a lazy Sunday, moving so slowly it makes people anxious?
And when Bitcoin drops, why do they fall even harder?
The answer is just two words:
Bitcoin's dominance.
Currently, Bitcoin's market share is 61.44%.
This means that 61% of the entire cryptocurrency market's liquidity is locked in Bitcoin! Just think about it, if you have a large sum of money to invest, would you follow the "King of Cryptocurrency", especially when big players (like Michael Saylor) are all in?
So, what about altcoins? When will they shine?
Altcoin Seasonal Strategy:
When Bitcoin's market share peaks and starts to reverse, altcoins will begin to stand out. Historically, this usually happens when Bitcoin hits a new high and starts to consolidate. Investors feel that Bitcoin's upward trend has ended and begin to shift their focus—and liquidity—towards altcoins.
In previous bull markets, Bitcoin's market share typically peaks around 60%-65%. Guess what? We're already close to that threshold!
Don't get tangled up; have a strategy!
Trading coins isn't about chasing highs and cutting losses; it's about being patient and seizing the right moment. During Bitcoin's dominance, you should use this phase to strategically position yourself. The spring for altcoins is about to arrive; you need to be ready to charge as soon as the gates open.
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