#MEME趋势风向
Why do retail investors prefer altcoins more after Bitcoin hits a new high?
I think this cycle is different from the previous ones. In the past cycles, retail investors would first drive up the price of Bitcoin, and then they would take turns investing in altcoins, which was the peak season for altcoins.
But this time, it’s mainly institutions and countries buying Bitcoin. Once Bitcoin hits a new high, retail investors will definitely become interested in cryptocurrencies again. However, they might not buy Bitcoin anymore, thinking, "Bitcoin is too expensive, I can't afford it, I'd rather buy an altcoin to play with."
As a result, retail investors will start to speculate on those major altcoins, and the altcoin season will go crazy again.
Everyone is focused on Bitcoin; once it gets hot, all eyes around the world are drawn to it, and retail investors' interest shifts to altcoins.
The test of a bull market is not just about the rise and fall of the market, but also a test of our mindset. In the face of account fluctuations, we need to remain rational. Next, I will announce the potential tenfold coin! It's better to grasp than to guess! Like + comment, and share for free.
