Insights on the "Altcoin Season"
Recently, some people have proposed the view that "there will be no Altcoin Season from now on", but I personally firmly believe that the Altcoin Season will follow closely in every round of market cycles. Although the timing of the launch may be different, as the market gradually matures, the time window for the collective launch of altcoins may become shorter, and tend to be a short and rapid wave of market conditions.
Taking the stock market as an example, it is not difficult to find that the launch of each bull market is often led by large-cap stocks such as blue chips. When the rise of these stocks gradually slows down, profitable funds tend to look for new investment opportunities and turn to small and medium-cap stocks. This law of capital flow is common in the market history of various parts of the world, and the cryptocurrency market is no exception.
It is worth noting that in the process of multiple bottoming out of the previous round of coin prices, many altcoins did not fall to the previous lows as expected by the market. On the contrary, their declines were relatively small, showing a certain market resilience. When the decline of altcoins gradually stabilizes, or even begins to stop falling, this often indicates that the end stage of the overall market correction is coming.
For investors holding altcoins, there is no need to be too pessimistic in the face of market fluctuations. Since you have chosen this field, you need to be prepared to face huge fluctuations. As long as you ensure that the altcoins you hold are not over-leveraged, the possibilities in the future are still unlimited. We can look forward to a new round of big gains after the market adjustment, when altcoins are expected to emerge again.
Recently, I have been studying a relatively good track.
It is expected that the short-term increase will be more than 30%, and the long-term 5 to 10 times bull market funds will be more considerable!
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