Don't get it wrong again! The only real signal for the altcoin season is here

The vast majority of people mistakenly believe that the crazy rise of ETH is the sign that the altcoin season has begun. However, this is not the case. The only definitive signal that the altcoin season has started is the continuous and significant rise of Bitcoin. This is crucial, so please remember it!

Many people only have a partial understanding of the real situation during the bull market of 2021, blindly following trends based on hearsay. Some believe that after Bitcoin consolidates, Ethereum will rise, and then the altcoin market will start. But they overlook a key fact: before this, Bitcoin had shown a strong upward momentum for 15 consecutive days, with daily bullish candles, and stories of getting rich circulating everywhere, dominating major media headlines for several days. Institutions took advantage of the situation to hype it up, amplifying the wealth effect, attracting a large influx of outside capital and other institutions into the Bitcoin market. Subsequently, institutions quietly sold off, causing outside retail investors to buy in at high levels. When external funds could not withstand Bitcoin's massive scale, market supply and demand became imbalanced, and Bitcoin's price plummeted, panic spread quickly, and outside investors were deeply trapped, suffering heavy losses and eager to break even.

At this point, institutions cleverly shifted funds to enter the altcoin market, while those retail investors trapped at high levels in Bitcoin had no choice but to cut losses and rush into the altcoin market seeking opportunities to recover their capital. Because altcoins have relatively smaller market capitalizations, the influx of funds made it easy to pump prices, leading to those shocking 'myths' where altcoins worth billions saw increases up to hundreds of times.

Therefore, we must be clear that the continuous violent rise of Bitcoin is the core premise for the start of the altcoin season, not the rise of Ethereum. Recently, Dao Ge has been optimistic about Musk's Dog PP, which has a low market cap but strong community power, with considerable potential, expecting a growth space of 10 to 20 times. Friends should pay more attention and seize the opportunity!

It is important to note that the cryptocurrency market is highly volatile and uncertain. Investment decisions should be made cautiously, with full consideration of one's risk tolerance and investment goals, avoiding blind following and over-investment.