$BTC Three days of plummeting by ten thousand points, altcoins are crashing everywhere, but! This is just a little commotion in the market, the bull market is still on!
A bull market is all about the thrill, wild surges and drops are the norm, and corrections are just setups for those playing contracts and using high leverage. Once the market is cleared up, the bull market can surge more steadily upwards!
Bitcoin keeps hitting new highs, yet altcoins are tragically slashed to half their value, not even Ethereum has escaped.
Now BTC is tightly held by the big players, and retail investors can only turn to look at $ETH and other altcoins.
When Bitcoin rises, other coins have to stand aside; when Bitcoin drops, altcoins collectively play dead.
Binance is ruthless too, launching new coins like they’re free, suddenly introducing six new projects, which has drained the already limited liquidity in the market!
After the correction, if Bitcoin surges again, funds might just flow to ETH.
BlackRock is also firmly focused on BTC and ETH, barely glancing at altcoins. They even suggest investors allocate 1%-2% of their funds to BTC, clearly trying to attract more clients.
BlackRock walks the talk, investing over a hundred million dollars daily into BTC and ETH, with ETH investments nearly catching up to half of BTC's.
This scene is somewhat reminiscent of the past with Grayscale, first buying BTC, then ETH, while casually dabbling in altcoins.
Remember, the price of coins isn’t the most important thing; the stage of the bull market is key.
As for the upcoming layout direction, I will lead everyone to aim for the lucrative opportunities in altcoins, expecting over ten times the potential is not a problem. Like + comment, and I’ll take you through the entire bull market!
