The launch of altcoin market requires three aspects of preparation:
1. Positive volume and price signals
Before the upward market starts, we need to see a shift in the strength of buying and selling.
From the perspective of volume and price relationships, many altcoins have begun to show such signals.
2. Large amounts of capital flowing into altcoins
When Bitcoin continues to rise strongly, liquidity mainly flows into Bitcoin, while the amount flowing into the altcoin market is minimal. A correction in Bitcoin might be the timing for capital to flow into altcoins.
3. Market sentiment
With the strong rise of $ETH, the altcoin market will also start. Therefore, the altcoin market is very likely to explode after a significant correction in Bitcoin (probably within two to three weeks). Right now, it's just the darkness before the dawn; as long as we get through it, we will迎来 harvest season #XRP与SEC新局面 #SOL创历史新高 #比特币突破10万? #BTC创历史最大月度涨幅 #谁将成美SEC新主席?