The Bitcoin halving went smoothly. Although the pressure on miners increased, the expected market crash did not appear immediately.
So there may be fluctuations in Zhao Changpeng's judgment, but don't worry.
Lest you say I sell anxiety, here is a supplement, there may still be bulls, although the crazy bull will be in the second half of the year.
But looking at the indicators, there are still great opportunities for potential altcoins!
1: The logic behind the altcoin season
When Bitcoin's market share gradually decreases, it indicates that the market's funds are flowing to other altcoins. Before the altcoin season arrives, those strong performing currencies often emerge first, and they are like flares, heralding new market trends. The dealers quietly accumulate chips when the market is calm. Once the time is right, they will cooperate with the news to pull the price, triggering the market's frenzy, and then gradually ship at the right time to complete a short-term pull-up operation.
2: Why the altcoin season came as expected
Market sentiment surges like a tide. When we see that the currency in our hands has fallen by as much as 50% or even more, we will inevitably think about when we can get our money back. In the case of Bitcoin rising while other currencies have limited gains, panic often spreads. Especially in the falling market, people may think that the bull market is over and it is difficult for altcoins to set new highs. However, judging from recent market data, the turnover rate of altcoins has reached a peak, which means that the market is undergoing a major change. When the altcoin market comes again, market sentiment will heat up quickly, especially after Bitcoin has been oscillating for a long time, the market's desire for altcoins has reached its peak. Although the Bitcoin market may be full of panic, the altcoin market is full of expectations, and investors are eager to seize the opportunity of continuous doubling.
In order to make a profit, the dealers must pull up shipments. Unless this round of bull market really comes to an end, most dealers will not easily give up the opportunity to make a profit. After all, in the bull market, only a few dealers lose money. Therefore, we have reason to believe that the arrival of the altcoin season is not accidental, but a manifestation of market laws.
At present, the bull market is surging, and we have the opportunity to share passwords every day.
Again, I don’t know what to do in the bull market. Click on my avatar, pay attention, bull market spot planning, contract passwords, free sharing.
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