This market is more desperate than the bear market. Bitcoin has not fallen, but the altcoins have plummeted.
The market here is particularly like the end of 2018. The altcoins have been falling. The whole market makes people feel very depressed.
But even in this market, new coins are still being launched. Look at the new coins that have been launched recently. They are basically at the highest point when they are listed.
For various reasons, there is actually a lack of new funds in the market, which has lost liquidity.
Now the hot money is all buying the leading stocks, so BTC has not risen. Other altcoins have plummeted. Everyone has started to gather together for warmth.
In fact, the altcoins are far from the bottom.
Are you ready for the storm?
