Some say that Bitcoin is rising, so altcoins must fall.

This kind of reasoning, which assumes causation from correlation, is incorrect.

Altcoins are falling because some are bottom-fishing Bitcoin, selling off altcoins, buying Bitcoin, and the funds are insufficient. Moreover, during the 95,000 point round, the market was overwhelmingly bullish.

Many bears believe it can't drop further and are trying to bottom-fish.

Some bulls are cutting losses, and in order to gather chips, they also sell off altcoins! They are also trying to bottom-fish Bitcoin.

Perhaps their original intention to sell altcoins was to bottom-fish Bitcoin.

Bitcoin has fallen again from 95,000.

One can only say that this round of washout is truly thorough; they missed out on altcoins and were also blown up by Bitcoin.

Liquidity has been completely plundered, and this wave of reversal can be described as a market filled with sorrow, with voices of complaint everywhere.

When there is no direction, it is better to stay in cash and wait for opportunities rather than blindly following market sentiment.

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