#加密市场反弹
Let's talk about the altcoin market:
Ethereum has barely enjoyed its glory days, and now it has returned to its original state. The exchange rate of ETH to BTC has not rebounded much in the past week, directly falling below 0.034, which is already at the level of 2021. In a bull market, this exchange rate should be rising, but ETH has indeed lagged behind this year. It seems that the traditional bull market for altcoins has not yet emerged this year, and friends holding ETH and altcoins are truly having a tough time.
Even the leading altcoin, Ethereum, is struggling, let alone the performance of other altcoins.
Now some people say that market dominance has fallen into the hands of large institutions in the United States, and in their eyes, besides Bitcoin and Ethereum, they don't care about other altcoins at all, so altcoins shouldn't expect a bull run this time. I don't really like to hear that.
I can understand that big funds are only focused on Bitcoin, but altcoins are definitely an indispensable helper in the growth process of Bitcoin. Altcoins act as a financial leverage for Bitcoin's rise and are also the main force attracting retail investors' funds.
With the price and scale of Bitcoin, retail investors wouldn't dare to easily jump in. This is a crucial part of Bitcoin's positive cycle. Conversely, if Bitcoin encounters a rise bottleneck, funds will flow into altcoins, allowing altcoins to also experience a bull market, which can attract more people to enter the market. The two are complementary; several rounds of bull markets have played out this way, and this time will be no exception.
So, let's wait patiently; the bull market for altcoins will eventually come.
For the upcoming layout direction, I will guide everyone to target the lucrative opportunities in altcoins, especially those projects with great potential, where a 10x expected return is certainly not an issue. If you want to make big money in the bull market, like and leave a message, and I will help you layout the entire bull market!
