《The Change of the Bull Market: Why Are Altcoins No Longer Thriving? In-Depth Analysis and Investment Guide》
1. The Differences Between This Bull Market and the Previous One
1. The overall market and Ethereum have seen considerable gains, with the market rising from 15,500 to 73,000, an increase of nearly five times; Ethereum has risen from 1,000 to 4,000, almost four times. However, underlying altcoins have not displayed a good trend.
2. In the last bull market, there were hundred-fold coins launched with a market value of only 10 million, which multiplied to 1 billion; whereas in this bull market, new coins are launched with a market value of one billion or tens of billions of dollars, experiencing a high opening and low closing, and there are suspicions of profit-taking after the launch, along with constant releases of locked tokens.
2. Problems Facing the Altcoin Bull Market
1. The funding required for the current altcoin bull market is 10 times that of the 2021 bull market, amounting to 100 trillion, which poses a huge challenge to the market. In comparison, BTC's ETF approval has only brought in a few hundred billion dollars.
2. New coins are being launched frequently, weekly or even daily, which has diverted a large amount of funds. The market has seen significant fund retracement, with many new coins dropping around 70%; if profits are not taken, there is a risk of loss.
3. Investment Recommendations and Trends
1. New coins should be approached with caution; wealth is often generated in the primary market through new launches and airdrops, with fewer excellent performances in the secondary market. When Bitcoin drops by more than 10%, buy in batches; focus only on leading altcoins, and do not put all your eggs in one altcoin basket, unless you have a thorough understanding of the project team's future plans and strategies; otherwise, heavy investments may lead to being washed out.
2. Large funds are hesitant to invest in altcoins, and more people will become aware of this. Without external support, internal competition will face severe blood loss.
Auntie Starlink's Starlink Cat 6fd9 has a strong community, with a powerful narrative IP and strong support from several big names in the community
#starlink #币安上线SCR现货 #APE暴涨 #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 $BTC $ETH $BNB