Bitcoin just won't drop, altcoins just won't rise, could it be that we've really experienced a fake bull market?

The excessive issuance of altcoins, random releases, the locked positions during the overall rise, and the wealth creation effect on-chain have drained all the liquidity!!!

We can see that even newly launched coins recently basically no longer have profit-making effects.

Once they are launched, they just keep falling, which is enough to demonstrate that the liquidity in the market is no longer there. At this point, if Bitcoin experiences a pullback, it means a complete loss of funds in the market.

That being said, even if Bitcoin continues to rise and breaks 110,000,

small coins will still be in this half-dead state. For small coins to have any prospects, there must be external funds intervening or

the funds previously trapped in large market cap coins like DOGE, XRP, ETH must flow out again. If these don't rise, altcoins are unlikely to show improvement.

In the future, when BTC pulls back, ETH may appear slightly stronger compared to other coins. A few days ago, ETH just broke this year's new high, and it is less than 20% away from its historical high. In the next phase, when Bitcoin stabilizes, it may be Ethereum's time to shine.

Don't forget, Trump's cryptocurrency fund's largest holding is not Bitcoin but ETH, so don't doubt this certainty.

Pullbacks are for better rises, just hold on tightly!