Bitcoin has been standing around 71,000 for a day, while Bitcoin II seems to be off track with Bitcoin, still hovering around 3,800.
Have they parted ways?
If so, can the alt season still arrive as scheduled?
From the data, it seems that there is no longer support for alts to explode like the last round of bull market.
This time, it may only maintain a local outbreak. You can pay more attention to new projects with low market value.
The feature of this alt season is likely to be the hype of new projects with low market value. There may be a small-scale overall rise.
But the increase expectation should be lowered, and the timing will be after Bitcoin has gone out of a new round of trend.
In short, the alt season still needs to wait for the rise of Bitcoin II, the king of alts, to flourish.
In addition, Bitcoin II's ETF is said to have been confirmed to start trading in early July.
Recently, it is following a coin that is collectively supported by multiple institutions, has a large number of users, and is focused on by the market. It may fire the first shot of the alt in June, and all conditions meet the doubling expectations.
Click on my profile picture to see the leaves being cooked.
I will announce it in the post.
I will not let the fans who actively look for me miss out.