Altcoins are likely to be at risk!
Bitcoin has been setting new highs, but the entire market is surprisingly calm. It is observed that most altcoins are falling. Ethereum has not been able to stand firm at 4100 so far. Sol has also been falling recently, and the meme sector is no longer as popular as before.
The recent altcoin market is tasteless and a pity to abandon.
In history, altcoins have fallen and adjusted for most of the time, and only a very small part of the time will surge rapidly.
Some coins may fall for half a year, and surge for only one or two weeks. At this stage, altcoins can be described as useless.
The currency circle is almost a bull market for Bitcoin. There is more and more consensus on Bitcoin, and more and more traditional financial institutions are entering the market.
But their funds flow in and out through ETFs, and no longer flow into altcoins as much as before.
Many people believe that the altcoin season will definitely come, so they think staying in the car should be the best choice.
But historical experience often shows that there are often bloody storms before the violent bull market.
At this stage, many altcoins have risen a lot, and there may be another wave later, but now it is incomparable with 21 years and 17 years.
In 2017, you can buy it with your eyes closed and it will double. In 2021, more than half of the altcoins will soar.
In 2024, 2025 may be even less. Most people may not be able to buy altcoins that can outperform Bitcoin.
Bitcoin fluctuates at a high level, which is a good opportunity for altcoins to surge and pull up the market, but they collectively choose to fall and fluctuate. If this wave goes up, it must be a good time to sell!
As long as Bitcoin slightly corrects in the future, the altcoin may plummet, which is also common in history.
At this stage, the accumulation of bubbles is too large. Perhaps the rational choice is to wait for the next opportunity to wash the market. Don't eat meat and don't get it. You will be beaten every time.
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