Everyone is the same
It seems that those who bought altcoins regretted it.
Whether it is the old coins bought in the last bull market:
UNI, DOT, DOGE
or the new coins in this bull market:
ORDI, BB, WLD, few people made money. They all fell and plummeted for a long time, endlessly.
There are too many new coins issued in the market, just like the A-share market, which are all projects that raise money as soon as they are listed. Most funds are concentrated in a few high-quality projects, causing the top and bottom of a few currencies to become higher and higher, and no one cares about junk coins, unless the market loses its rationality and is completely dominated by greed.
It’s not that altcoins have no opportunities
but that if the market sentiment is not extremely greedy, altcoins will have no opportunities.
①The greed index is above 80 in extreme greed.
②All large-cap coins have officially set a record high.
②The market value share of TO5 has fallen sharply.
Now the market value TOP5 accounts for more than 80% of the total market value. All altcoins in the large market share less than 20% of the market value.
In the late bull market, the cottage industry surged and briefly grabbed market value, trapping batches of retail investors. This is the law of the bull-bear cycle transition. If the market sentiment is not extremely greedy, cottage industry will have no chance, but the cottage season is still far away.
