Is the wait for altcoins always rewarded? A review of historical patterns

Recently, the calm in the market feels familiar, reminiscent of previous accumulation phases. By reviewing history, an interesting pattern can be observed: after each double bottom formation, the altcoin market tends to welcome a wave of enthusiasm.

Historical Review: Double Bottoms and Market Launch

1. 2015 Double Bottom:

After a prolonged bear market, Bitcoin and altcoins formed a double bottom structure, followed by the frenzied bull market of 2016-2017, with altcoins skyrocketing hundreds of times.

2. 2018-2019 Double Bottom:

After the ICO boom collapsed, the market entered a long adjustment period. After forming a double bottom in 2019, the DeFi sector surged, leading altcoins once again.

3. 2022-2023 Double Bottom:

The current market is in a similar cycle, with the double bottom pattern having initially formed, and each subsequent low being higher than the last, indicating an overall upward trend in the market.

Why is the wait for altcoins worthwhile?

• Capital Rotation Pattern: After every stabilization of the market, funds always flow into altcoins seeking higher returns.

• Historical Cycle Validation: After each double bottom, altcoins have shown excess performance, capturing trends for huge profits.

Strategy Recommendations

1. Patient Holding: After confirming the double bottom, patiently wait for capital rotation in altcoins.

2. Select Promising Sectors: Focus on popular sectors (such as Ethereum ecosystem, Layer 2, DeFi, etc.).

3. Avoid Frequent Trading: Wait for market sentiment to recover and mainstream capital to return.

Conclusion: The calm in the market often breeds new opportunities; stay alert and seize the next wave of altcoin enthusiasm! #本周微策略是否继续增持BTC?