Altcoins have reached a critical turning point!
At present, the vast majority of retail investors have lost confidence. Whether you publish market analysis or project reviews, you will be criticized and opposed. The traffic of related topics is also extremely scarce.
However, the market is quietly completing a new round of market reorganization. The figure below shows the proportion of Bitcoin market value to altcoins. At present, the monthly line is close to the suppression line again. After the last bull market reached this line, altcoins experienced a big market. Therefore, the probability of a market happening between July and November is very high.
The current price of high-quality altcoins, looking back from the future, may be the bottom range. Ethereum's ETF funds have not yet entered the market, and confidence still exists.
Worst plan:
1. If the market continues to fall in the second half of this year and the first quarter of next year, then give up!
2. This shows that the main force has no intention of giving retail investors any chance, so let the dealers always accompany their Bitcoin and Ethereum.
However, I always believe that the stage of sustained downturn often breeds opportunities. The emotions of retail investors and the state of the market will not lie.