From the overall situation of the current market, although many altcoins are currently performing mediocrely,
but in the two consecutive weekends after Bitcoin hit a new high, various altcoin ecosystems and sectors have shown a trend of rising in turn.
From the perspective of time nodes, we are still in the early stages of the bull market, and this performance of altcoins is reasonable.
Looking back at the last round of bull market, altcoins also ushered in an explosion after Bitcoin completed the first stage of its rise.
Although altcoins still have opportunities in this round of bull market, it is not expected to be as enthusiastic as the last round,
The reason is that the current currency circle lacks new narratives and stories, and the innovation is not as strong as before.
This is mainly because the currency circle has developed through the first two rounds of bull markets, and the sectors and concepts have been highly segmented and mature,
The overall market value growth has entered a mature and stable stage from a period of rapid growth.
In addition, with the coming of Trump and his friendly policies towards blockchain, the entire blockchain industry and cryptocurrency industry are expected to usher in positive development opportunities.