Bitcoin is leading the way, while other coins are stagnant! This article helps you uncover your doubts:
The recent cryptocurrency market is truly perplexing: Bitcoin is shining alone, while other mainstream coins and altcoins seem lifeless, completely still. Everyone must be wondering: what's really going on here? How did market sentiment and capital flow end up like this?
Why aren’t other coins rising?
To put it simply, there is only so much capital in the market, and most of it is chasing after Bitcoin, leaving other coins sidelined. Moreover, market sentiment hasn't fully recovered; although everyone sees Bitcoin rising, they are still quite uncertain, preferring to wait and see the trend of mainstream or hot coins before taking action. Additionally, as the leader, Bitcoin needs to rise first to drive market sentiment; once the atmosphere is right, capital will gradually flow to other coins.
So what should we do next?
Don't foolishly chase high prices. When Bitcoin is leading the rise, jumping in can be risky, especially since capital hasn't fully entered the market yet, so we must be more cautious.
Here are some viewpoints to consider:
1. The expectation of Bitcoin reaching 100,000 is the hope of all long-term holders over the past decade. Now that we are nearing 100,000, there will inevitably be long-term holders who choose to take profits at this level, meaning that the closer we get to 100,000, the less impressive the gains of altcoins will be.
2. Currently, the consensus around altcoins is still relatively low; the vast majority are still primarily speculative. This situation will cause capital outflows to exceed inflows, necessitating a round of market correction. We should wait for this correction to finish and drop before choosing to build positions at lower levels.
If you always miss the right timing and are confused about how to operate, and want to keep up with learning, you must meet one condition: be proactive, take action, like + leave a message, and I will help you make big money!
