Let me remind you again, don’t touch altcoins, don’t touch altcoins, don’t touch altcoins, and say important things three times. If you are a die-hard, you can try it. My reasons are:

1. The current market liquidity is very poor. To put it bluntly, the capital flow in the market is very low. It is terrifyingly low. It is even lower than last year’s bear market. There is not much money for both big and small businesses, let alone copycats. There are so many altcoins, at least hundreds of thousands of them. Where can the funds come from to promote the altcoins?

2. Even if there are funds, the priority will be to expand the pie and expand the pie. The current overall situation is not good, and big funds will definitely give priority to the pie and the pie.

3. Thinking about it from another angle, even if there may be a wave of price increases for copycats in the future, the probability is a bit low. It is still a matter of market capital. When we make orders, we always do it in the direction of high probability. Even if copycats may have a chance, but Are you willing to use your funds to gamble on a small probability event? After all, the risks outweigh the benefits. I definitely don’t dare to say that 100% copycats will not succeed, but at present, there is a high probability that copycats will not have a chance.

4. When the U.S. debt crisis is resolved, the United States will start to issue new bonds. It is already in the cycle of raising interest rates and shrinking its balance sheet, and it will continue to issue new bonds (it is expected to issue $500 billion in new bonds this month). This further drains the already tight market capital. To put it bluntly, money is getting tighter.

5. Even if there is, I personally think it is a very partial push for copycats, that is, a few copycats with new narratives, rather than the overall pull for the copycat season. To sum it up in one sentence, the market is running out of money. How can we pull out so many altcoins? #大盘走势 #比特币减半 $BTC $ETH $BNB