The altcoin season before 24 years ago had these obvious characteristics:
1. In the past, after Bitcoin rose, Ethereum followed suit. When Ethereum rose, many altcoins also rose together. Sometimes altcoins were more powerful than Ethereum and could rise more than 10 times in advance. But now it is different. After Bitcoin rose, Ethereum often did not react. Everyone can see it clearly.
2. During the bull market of Bitcoin and Ethereum in 2021, altcoins were like a relay race. After this sector rose, that sector rose. The public chain rose first, followed by the DAO concept coin, and then the NFT sector rose again. Although there was no such neat relay in 2023, altcoins related to concepts such as L2 and AI will also rise together.
3. In the past altcoin season, many altcoins kept rising. There were three types of routines: one was to slowly climb up along the moving average, which did not look scary, but when you wanted to chase it, you were afraid that it would not rise, and you wanted to run away as soon as you made a little profit; the second was to have big ups and downs, like a rocket when it rose, and 30%-50% when it fell, but it quickly pulled back, and those who increased leverage and went long would be liquidated if they were not careful; the third was a zigzag trend, rising continuously for a while, and falling continuously for a while, like riding a roller coaster.
Dao Ge has ambushed several good altcoins recently, and the most promising one is Musk Puppies, which has always been very popular, has a strong community, has more than 16,000 coin addresses, and the rise and fall are very stable. Brothers who are interested can ambush in advance. #比特币市场波动观察 #加密市场回调