! ! ! ! Why are the altcoins half-dead? ? ? 🌈🌈🌈

!!!!!!!!The reason can be summed up in seven words: "no money, no power, no confidence"

1. Too many new coins are listed on the exchange, the new coins are not strictly reviewed, the market value of the new coins is too high, false propaganda is serious, the number of tokens unlocked is huge, and the funds on the market are limited.

2. The rise in US Treasury yields has attracted a large amount of funds to flow into the US bond market, resulting in capital outflows from the cryptocurrency market.

3. Funds are withdrawn from the higher-risk altcoin market and invested in markets with better performance, such as US stocks. This redistribution of funds will lead to a decrease in liquidity in the altcoin market.

4. Most project parties have no pattern, and they sell them as soon as they go online, basically without supporting the market. When the old coins disappear, they are directly replaced by new coins to continue harvesting.

5. There is a lack of favorable policy news in the market.

6. Retail investors are either trapped or waiting and watching, lacking confidence in entering the market.

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