If BTC peaks in the short term and starts to decline, it will be a great opportunity for me to start investing in altcoins!
The transmission of speculative funds will encourage BTC's profit funds to dare to buy altcoins with relatively higher risks. Currently, altcoins are in a downtrend, but once BTC stabilizes and rebounds, altcoins should become active again.
At the same time, today is Tuesday, and combined with the geopolitical factors over the weekend, market bullish sentiment may be suppressed. The market on Tuesday also needs to seek a new bullish narrative and momentum for the week.
If we take BTC's rise starting from 70,000 as a reference point, as BTC rises, completing arbitrage, profit funds will enter altcoins, and then more speculative funds will trigger another wave of meme or primary market frenzy. Of course, nothing is absolute, and we will continue to observe this week's market situation to verify my viewpoint.
Now BTC has pulled back to 95,000, and the market is experiencing a full explosion! In this situation, it is most suitable to layout potential altcoins! I have carefully selected a cryptocurrency that is expected to increase 2-3 times in the short term and 5-10 times in the long term. Leave a comment + like for a free share!