Everyone, BTC has pulled back by 10,000 points in the past three days, and altcoins have suffered even more. But don't panic, it's just a matter of a few words from Master Bao, the logic for mid-term growth hasn't changed.
In a bull market, sharp declines are also common, so it’s not surprising. Pullbacks have nothing to do with the long term; they are specifically meant to kill off those contracts and high leverage. Once these high-leverage positions are cleared, the bull market can proceed more steadily and reach new highs.
In this round of the bull market, Bitcoin is leading the way, while altcoins are still swaying halfway up the mountain. This is truly the most bizarre bull market in history; Bitcoin keeps reaching new highs while altcoins are continuously being cut down, and even Ethereum hasn't reached a new high.
This bull market is destined to be a feast for veteran investors; newcomers and those who haven't experienced a complete cycle in the crypto world might miss out. The entire web3 community is extremely quiet compared to the previous three bull markets when major communities were already flying red packets everywhere.
Currently, BTC is heavily controlled, and retail investors feel the price is too high, so they are looking at Ethereum or other altcoins. Only Bitcoin is performing on stage, continuously sucking blood and constantly reaching new highs. Whenever there’s a drop, altcoins are collectively blind.
Also, Binance has been crazy about launching new coins recently; last time they launched six new projects. The market already lacked liquidity, and now it’s even more diluted.
Now we need to think about it: after the pullback, if Bitcoin continues to push higher and funds flow out during consolidation, which asset will catch it first? I think this cycle should be similar to the previous three; when BTC stabilizes at 110,000 or 120,000, funds will start flowing into ETH.
BlackRock is currently mainly promoting BTC and ETH. They say that for clients, BTC is definitely the first choice, followed by ETH, and everything else is just a small amount. You see, BlackRock's stance has always been clear: BTC first, ETH second, and other altcoins should stay aside.
A few days ago, BlackRock also suggested that investors use 1% to 2% of their funds to invest in BTC, indicating they believe many clients haven't allocated to this extent, which they are keen to promote.
Moreover, BlackRock is doing the same; their daily investments in BTC and ETH are over a hundred million dollars, and their investment in ETH is about half that of BTC. This shows they are actively recommending BTC and ETH to clients, without considering other altcoins.
This is similar to the previous rounds with Grayscale; Grayscale has always been buying, first BTC, then ETH, and finally added some altcoins.
I have told you before that the price of the currency is not the most important; what matters is which stage of the bull market we are in. Therefore, for those who didn't get in before 75,000, I strongly urged internal students to enter at market price when it hits 75,000.
Now, you must remember one more thing, which applies in every cycle: the order of building positions must be BTC first, then ETH, and finally various altcoins.
Today, let's focus on the ORDI cryptocurrency, which is a small BTC and the leading inscription in the Bitcoin ecosystem, currently in an undervalued stage.
#加密市场回调
For the upcoming layout direction, I will lead everyone to target high-profit opportunities in altcoins, especially those with great potential, with expected growth of more than ten times being feasible. If you want to make big money in the bull market, like + comment, and I'll take you to layout the entire bull market!
