Often when Bitcoin stabilizes at a high position and the price increase slows down, it is the opportunity for the altcoins like Ethereum and Solana, as at this point Bitcoin is mostly being pushed by institutions, and it has already squeezed countless short positions. Appropriate adjustments and pullbacks also provide opportunities for retail investors to enter.
Ethereum started to catch up at 8 PM on the 21st, and several quality projects in its ecosystem immediately followed suit within an hour, generally seeing a base increase of about 20%. Additionally, Ripple and Dogecoin have also shown significant improvement.
The current advice remains to wait for Bitcoin to pull back before focusing on entry opportunities for altcoins. Chasing highs right now is definitely not appropriate. When Bitcoin retraces, pay close attention to those strong varieties; not just any altcoin can rise. If you want to achieve results in this bull market, now is the time to sharpen your eyesight, brothers.