The big pie remains at 96000, why do altcoins continue to decline?

Recently, despite Bitcoin maintaining a price of 96000 USD, the performance of the altcoin market has not followed the big pie, with many altcoins losing their previous gains. The key factor behind this phenomenon is trading volume.

Looking back over the past few weeks, several cryptocurrencies have seen unusually active trading volumes, even surpassing Ethereum and Bitcoin at times. This includes DOGE, PEPE, XRP, PNUT, ACT, among others. However, their current trends are disheartening, with many investors trapped, and the altcoin "bull market" seems to be gone for good. Funds have clearly flowed to other places.

This phenomenon indicates that investors are voting with real money, with Bitcoin as the market leader, possessing higher liquidity and recognition, thus attracting a large amount of capital.

In addition, RWA (real-world assets) and leading public chains have also gained favor with investors. RWA can be valued, offering more investment choices; while leading public chains are focused on due to their ability to generate actual value. In contrast, many other sectors and cryptocurrencies often appear fleeting, lacking actual value support, making it difficult to attract the attention of traditional investors.

The rise of many altcoins is actually something imagined out of thin air by people within the industry, lacking actual value support. When traditional investors begin to pay attention and enter the market, it is often already a matter of the next cycle. Therefore, a true altcoin "bull market" may appear in another form, rather than a general rise.

Just look at this weekend's rise list to see how bleak the market is. The prices of many altcoins have fallen sharply, and trading volumes have also plummeted. This indicates that the market has lost confidence in these cryptocurrencies, with funds flowing to more valuable investment targets.

Using small funds to ambush opportunities in the primary market, even if we wait until the next cycle, if future gains exceed our expected targets, it will be worth it. Recently, the promising Musk concept 𝒑𝒖𝒑𝒑𝒊𝒆𝒔 have been ambushed.

#本周微策略是否继续增持BTC？ #萨尔瓦多将“加速”增持BTC #币安Alpha公布第5批项目 #马斯克概念 #meme板块关注热点 $BTC $BNB $ETH