【Altcoin Phase Analysis: Rebound or the Start of a Bull Market?】
🔑 Overall Bull Market Rhythm:
This round of the bull market entered an acceleration phase after Bitcoin broke through the 100,000 USD mark, welcoming a super FOMO. During this period, both Bitcoin and altcoins are expected to experience explosive growth. Breaking through 100,000 is a key milestone, and I have repeatedly emphasized that the 100,000 mark will not be easily surpassed, so BTC and SOL have entered a consolidation phase at this stage. At this point, Ethereum's exchange rate began to reverse, and old altcoins showed signs of explosive growth, while the level of new coins is gradually rising.
🌱 Current Stage of Altcoins:
Currently, altcoins are still in the early rebound stage. Don't be fooled by the explosive rise of some established coins; that's just a small appetizer. With the reversal of Ethereum's exchange rate and the net inflow of ETH ETFs, the rise of altcoins will further expand under the influence of Ethereum. Although there haven't been many obvious bullish signals for ETH yet, as time goes on, this wave of potential may arrive quickly.
🚀 What to Focus on Next:
There is room for a rebound in altcoins, but we have not yet entered a true trend-driven bull market, so short-term gains should still be secured. If Ethereum can bring more innovative applications or breakthroughs in new technologies, then this wave of growth may have stronger sustainability.
⚠️ Volatility Risk Reminder:
Bitcoin rose from 60,000 to 100,000, and the size of open contracts also surged from 35 billion USD to 64 billion USD, increasing the market's leverage pressure. This means that the market may undergo a deleveraging adjustment at any time; if there is a deleveraging fluctuation in the short term, it could be your entry opportunity. There's no need to worry too much; stay calm and choose your timing wisely.
