As the market landscape evolves, Bitcoin's strong rise seems to herald a new stage - the traditional "altcoin season" seems to have faded out of sight. Bitcoin continues to occupy a high position, while some altcoins have experienced significant value corrections, with losses as high as 70 to 80%. Behind this change is an adjustment in the strategies of institutional investors, who are more inclined to concentrate their funds on Bitcoin. This trend has reshaped the market's capital allocation structure.
Those projects with high market value expectations but low liquidity and facing pressure to unlock further exacerbate the dilutive effect of market funds. Therefore, for new investors, blindly chasing new coins may no longer be a wise choice. On the contrary, focusing on MEME tokens that have been fully circulated and high-quality old coins that have been verified by time may be able to capture market opportunities more steadily.
It may be too early to declare that the copycat season is over. The ecological prosperity of the currency circle cannot be separated from the support of diversified forces. Although the strength of Bitcoin and Ethereum is indispensable, the vitality of altcoins is equally important. They bring innovation and vitality to the market. Although the entry of institutional funds is temporarily focused on mainstream currencies, it is still worth looking forward to whether there will be a new wave of altcoins in the future.
For those who firmly believe in the potential of altcoins, Inscription coins, MEME coins and those high-quality old coins that can stand the test of time are still investment areas that cannot be ignored. Looking back at history, Bitcoin’s bull market has not been smooth sailing, and market fluctuations and adjustments are the norm. The current decline of altcoins may be regarded as a normal correction of the market. It corresponds to the bull market from October last year to March this year. After a sharp correction in April and a short rebound in May, it entered into adjustment again in June. Expect. This may be because the market is accumulating strength for the next leap. After the bottom shocks, a new growth cycle may begin.
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