The altcoin market has reached a critical turning point!
At present, most retail investors have lost confidence. No matter you publish any market analysis or project evaluation, you will be questioned and criticized. Traffic on related topics also dropped significantly. However, the market is quietly completing a new round of restructuring.
The chart below shows the ratio of Bitcoin market capitalization to altcoins. The current monthly chart is near the suppression line again. After the last bull market reached this line, altcoins experienced a big market. Therefore, the probability of a market crash in the next July to November is very high.
The current price of high-quality altcoins, from a future perspective, is the bottom range. No Ethereum ETF funds have entered the market yet, and confidence still exists.
worst plans:
1. If the market continues to decline in the second half of this year and the first quarter of next year, then it is time to give up.
2. This shows that the main force no longer wants retail investors to drink the soup. In this case, let the bookmakers always accompany their Bitcoin and Ethereum.
However, I always believe that continued downturns often breed opportunities. The emotions of retail investors and the state of the market will not lie.
Keep holding Ethereum and opportunities will always arise.
