People always ask whether the cottage season will come. Here is an analysis of historical data for reference only. #山寨季

This article is a sequel to (Qingmei Zhubi: Bitcoin is approaching 100,000, why are altcoins still standing still?), and it is recommended to read it first.

The K-line chart used above is the total market value of altcoins, while this article uses the market value of the top ten altcoins removed. Let’s see what the differences are in the conclusions?

The red line in this figure is Bitcoin, and the candlestick chart is the market value of altcoins excluding the top ten, which is referred to as the altcoin market value in this article.
The market value of altcoins is also slowly increasing with the rise of Bitcoin, but the growth rate is slow.
The area marked in the figure is the Bitcoin retracement from January 8 to 21, 2021.