In the previous article, Lao Xu provided an analysis of Bitcoin's progress in this bull market and its possible peak.
However, everyone seems more interested in the bull market progress of altcoins.
The information on the market in this regard is extremely unfriendly to new and even old investors, and there is very little that is truly useful.
90% of the content is written by paid promoters, who, in order to create an effect for the promotional articles, do not hesitate to fabricate nonsense like 'there is no altcoin season this round' and '80% of altcoins won't rise this round.'
I will directly give everyone a reassurance; using Bitcoin's new high as a reference, the bull market progress of altcoins is about 20%, and there are still plenty of opportunities to enter.
A large number of altcoins currently look like they are about to die, failing to break through as Bitcoin reaches new highs, with only a few starting to gain momentum, such as XRP, ADA, TRX, XLM, LINK, which are either reaching new highs or approaching previous highs.
Most secondary altcoin prices that have entered major exchanges are still hovering at bear market levels.
This is precisely the opportunity; as long as the project is still operating, and the code repository and social media updates have not stopped, it is highly likely that institutions have already intervened to take control; once the timing is right, three to five times can be achieved in seven days or even a day, and within a month, the accumulation of three to four years of fluctuations can be released all at once.
Altcoins can complete in seven days what took Bitcoin two years in a bull market.
Any secondary altcoin from major exchanges will explode in a truly violent bull market; 99% will see explosive increases, many even doubling or tripling, with some experiencing gains of over ten times.
The funniest thing is that many zombie coins were delisted recently, yet within a day they all rebounded sharply or even reached new highs; perhaps the project parties or even the exchanges themselves are in on it, but it also shows that in a violent bull market, anything is possible.
During the chaotic flow of liquidity, even trash can soar; let alone altcoins that have already been strategically positioned by strong entities within exchanges.
In other words, the seeds of explosive altcoin seasons are sown during bear markets; no matter how your narrative changes, as long as liquidity is abundant, even older targets will have explosive angles, and you don't even need to find a narrative yourself; just keep pushing the price up, as there are plenty of 'researchers' to write scripts for you.
In the face of a real explosive increase, a 50% rise or fall is equivalent to no fluctuation, but for investors, a rise of several times is acceptable, while a drop of twenty or thirty points feels like a total loss.
The coins that can explode must have once been seen as garbage by investors.
Because every explosive variety must go through a long and bloody process of washing and shaking out.
The painful and oppressive situation where hope seems absent is precisely the source of profit for betting, while the excitement and immediate large candles that most investors like are fundamentally the reason they end up losing their pants at high positions.
Most targets may remain stagnant for years, with explosive increases lasting only a week or two; only a few targets, like BTC, provide a tangible bull market process.
Because most people do not believe, because most people cannot see hope or the underlying logic of altcoins, the altcoin season is bound to come, and those targets still in operation will surely explode.
Above, the next article will continue to explore the counterintuitive logic of winning in crypto investment for those destined to know.