Everyone is worried that $BTC is rising too fast, and when it corrects, altcoins will collapse along with it. Let me share my perspective.
First of all, the primary role of Bitcoin is to widen the gap, creating more upward space for itself and the entire crypto market.
Next, MEME coins are meant to hype up the atmosphere. Small market cap, large price increases; it's a story that sounds like it could make someone rich overnight, which is how it attracts external funds. As for the story, it doesn't matter if it's true or false; we can fabricate it, but the key is to make it appealing.
Now that there's space and the atmosphere is heated up, what will the people who made money from Bitcoin and MEME coins do next? And how will the traders of other major coins respond? Take BNB for example; if it doesn't take the opportunity to mine, create some buzz, or pump the price at this moment, I would genuinely doubt its capabilities. After all, ETH might be a loose collection of assets, but BNB is the leading token of centralized exchanges, still the industry leader.
Many people are starting to fear that once Bitcoin corrects, altcoins will be finished. I still maintain that once a trend is established, it won't change easily. Bitcoin may correct, altcoins may move along with it, but I believe that once the correction ends, that's when altcoins will start to surge!
I am preparing to position myself for a treasure coin recently; you might want to keep an eye on me.
