The current market may make many people a little schizophrenic:
Bitcoin is at a new high, this is a bull market rhythm,
At the same time, a number of altcoins including ETH plummeted back to the pre-liberation period, not to mention the altcoin season, this is the rhythm of the bear market!
In fact, the last tweet also said that there may be a black swan event brewing. Now let’s see:
Big Goose threatened to use nuclear weapons to clean up the ground;
Little Wu said I don’t believe you have the courage;
The American said I will run first as a respect, you can disbelieve in the character of the American, but you can’t disbelieve in its information collection ability;
Now there are more than 30 countries in a state of war, but the two big guys, China and the United States, have not ended, so the feeling of war3 is not strong, but the volcanic eruption is brewing...
Back to the currency circle: Bitcoin has completed true decentralization when Satoshi Nakamoto disappeared, and the instability of the world may make it a safe-haven asset. This attribute has been repeatedly proven;
But what are other altcoins? What is the difference with centralized assets in the real world? Why don’t you plummet when a black swan breaks out?
This is the main logic of the current market. Bitcoin may continue to rise to $100,000, but altcoins are like delicate water plants and need a stable environment.