June 14
The question of whether Altcoin season is or not requires attention to the following points:
1. The expectation of interest rate reduction has not yet come, but this expectation is already on the way, equivalent to injecting money from outside, plus everyone in the US presidential election wants to compete for a piece of the market cake. this encoding.
2. There will be an altcoin increase market in this round, but due to its large scale, the increase amplitude is smaller, scattered regions, each region has its own attraction, the level of capital dispersion will also be far greater than before. , so most altcoins will not trend like memes.
3.ETF Ethereum is very important for the start of the altcoin market this time. You can see before that the market's expectations for BTC through ETF can also promote the rise of altcoins, Ethereum is equivalent to altcoin leader, will bring the buying mood of all coins.
4. Currently, the market capitalization of altcoins is close to the bull market, but there are still many coins that cannot beat the general market, showing that the market has entered a new stage, unlike the increased previously, all projects in all fields reached ATH and continuously set new peaks. This increasing round will evaluate your ability to choose coins more.
Market, short-term difficult to play! Long term no problem, the bull is still there!
Witness history together with friends! I will also gradually improve my knowledge and accumulate my assets!!
In fact, improving knowledge accumulation is also improving asset accumulation! These two things happen at the same time!
Wishing old friends to make a lot of money soon!!