Many people have had this question in the past two days: Why have BTC and ETH already started, but the altcoins have not kept up? This time the market plummeted, but the altcoins plummeted?
People with this idea have brought the experience of the bull market in the last two cycles into this bull market. In the past bull markets, BTC led the altcoins to fly, but in this bull market, BTC has reached 70,000, and the altcoins have not started yet.
In fact, in essence, in addition to the expectation of halving, a large part of the reason for this round of BTC bull market is the approval of BTC ETF, and a large amount of capital has entered the market, which has driven up the price of BTC. The altcoins themselves did not have a large amount of funds entering, but were just the self-happy of the leeks. So when BTC started to fall recently, the altcoins began to be slaughtered.
We are still in the early stages of the bull market, and the altcoins have not started to rise. How can the bull market end? Wait patiently, waiting for the altcoins to take off.
What do you think?
