Views on this round of altcoin market and its future trend

Overview: There are two problems facing altcoins in this round of bull market:

There are too many altcoins, which leads to the dispersion of funds and attention.

Many people missed BTC and are very optimistic about the subsequent market, referring to the historical cycle.

Too many altcoins

Market funds are not enough to support the purchase of all altcoins. Institutions and project parties hold a large number of chips and cannot fully digest them. Many projects have run away or lost hope, which is an inherent problem in the market.

The situation of missing BTC

In this round of bull market, many people missed BTC. If we refer to historical rules, everyone buys altcoins at a low level, but due to the dispersion of funds, the effect of pulling up is limited. Although the consensus of those who missed out can bring a certain increase, the space is limited. We must stand on the opposite side of the market in some cases.

Current situation of altcoin market

Many people have given up their expectations for altcoins and believe that they cannot be pulled up. This part of the group is not large enough. After a period of time, the season of altcoins will come, but it will be different from before.

Coping strategy

When everyone is not optimistic about certain altcoins, it is a good time to take action. We must learn to take sides and choose the direction that the minority is optimistic about.