The second quarter's correction was too severe. A 50% drop in the value of altcoins was a minor one. Some currencies fell 50% and then another 50%...
BTC, ETH, and BNB are considered good, and the actual drop is about 20%.
The market has pulled back, and everything has fallen.
The strength of the currency can be ranked by the maximum drop.
The more garbage the currency is, the less support it has, and the more severe the drop. The more valuable the currency is, the stronger the support is, and the smaller the drop.
The worst is still the old currency. UNI, DOT, and DOGE can't keep up with the market when they rise, but they fall without ambiguity.
Most currencies cannot be held for a long time.
There are only a few that can hold a bull market, including Bitcoin, Ethereum, and Binance Coin.
Most currencies can only be cashed out after the market is pulled up, and cannot be structured. If they soar, they can only be exchanged for Bitcoin and Ethereum in batches.
Otherwise, if the market adjusts, the profits will basically be vomited out.
For example, last year, Bitcoin pulled back from April to October, and this year, it pulled back from March to now. The top and bottom of Bitcoin and Bitcoin are getting higher and higher.
But for copycats, every pullback has fallen back to the starting point...
Looking for a rebound today