How long can the altcoin explosion last?
This year, there is no doubt that Bitcoin firmly occupies the center stage and remains the absolute leader in the crypto space.
However, the second position does not belong to ETH; based on this year's performance, it rightfully belongs to SOL.
SOL not only has a significant increase on its own but has also successfully taken a number of its 'little brothers' out of obscurity, creating many wealth legends.
In my opinion, the third position belongs to DOGE, whose performance is comparable to SOL, making it an absolute top performer.
2024 is set to be a dramatic year, with many unbelievable occurrences that perfectly illustrate the classic saying: "Heroes emerge in chaotic times."
This has also made everyone realize why it is said: "Only Bitcoin is called the big cake, because it is what everyone desires to own."
Other coins can change at any moment; this wave of increase is good, but the next wave is uncertain. Today it may be the top dog, and tomorrow it could be completely unheard of, gone without a trace.
So, there’s no need to get caught up in rises and falls; these are very natural occurrences. What should rise will rise, and what should fall cannot be stopped.
Bitcoin has completely detached itself from altcoins. With the approval of ETFs, the capital flows like water, constantly filling in, making it hard to catch up.
It can be said that major buyers are purchasing at prices of 50,000, 60,000, 70,000 without looking at the price; this obvious all-in approach, while those who were bearish in October can analyze it themselves.
Now that the second-tier coins have exploded, it also validates the saying: "The more you criticize, the more fiercely it will rise later."
Even FIL, which is ranked sixth, has unknowingly doubled; I remember mentioning it when it was at $3.5. At that time, through technical analysis, one could predict a general trend for the subsequent movements.
Although not 100% accurate, at least it ensures you won't buy or sell blindly, missing out on crucial gains.
With only 38 days left this year, forget everything else, find the right direction, the future has arrived, roll up your sleeves and work hard.
In this situation, it is most suitable to lay out plans for potential altcoins!
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