The alt season is still far away
The market is waiting for the opportunity
Recently, Bitcoin and Binance Coin have set new heights, and Ethereum has also risen strongly by nearly 30%, breaking through the previous high. However, the altcoins in the hands of many investors seem to be silent and motionless.
This situation makes people wonder: Is this a real bull market, or is the weakness of altcoins? In fact, the bull market is still there, and the weakness of altcoins is also obvious.
At present, the alt season has not yet arrived. Throughout history, the "alt season" of each bull market occurred in the late stage of the bull market, and this round of bull market is no exception. In the early stage of the bull market, the large-cap Bitcoin took the lead in rising; in the middle stage, the value coins gradually followed; until the late stage, altcoins will flourish.
At present, Ethereum has not broken through a new high, and the spring of altcoins has not yet arrived. Investors' funds will still flow to those undervalued high-quality projects.
When the market value TOP3 (Bitcoin, Ethereum, Binance Coin) all break through historical peaks and constantly refresh ATMs, the spring of altcoins will truly come. Let us wait and see, waiting for that moment to come.
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