How will the matter of the big coin ferment? I think it will definitely be intense!
In the past few days, I don’t know if everyone has noticed, but the altcoins have basically completely decoupled from the big coin. Whether the big coin goes up or down, the altcoins are performing on their own, and many altcoins are starting to emerge actively, such as XRP, XLM, HBAR, ADA, DOT, which we have laid out in the early stages. Many people don’t quite understand why.
In fact, this is the bleeding phase. The big coin is in a high-level consolidation, and liquidity will gradually flow to Ethereum and other altcoins. Many people are asking how to play during this stage of the big coin. My answer is that this position has already been extremely FOMO. It's fine to play around a bit, but for spot trading, it's really not worth it. The major support level is around 88,000. It’s not even as good as Ethereum. Yesterday, on Monday, it was around 95,000, and institutions entered with 1.5 billion dollars; only institutions can play, and as retail investors, we can't play, you know?
Another obvious signal is that last Friday, the inflow of Ethereum ETFs has already surpassed that of the big coin. I think those of you who are missing out should focus your energy on Ethereum and other quality altcoins. Currently, apart from the big coin and Ethereum having launched ETFs, there are no other altcoins that have launched ETFs. The most promising one right now seems to be SOL.
Finally, it's about position control and management. Whether it's spot or others, you must develop cautiously. The market sentiment has been consistently rising, so we need to steadily figure out how to increase our numbers. Pay more attention to the inflow of ETFs for the big coin and Ethereum, and you will find the trend from it.
Like it, typing is exhausting!