When will the carnival of altcoins come?

The journey of the bull market always follows the established pace:

The first stage: the long grinding of the bear market - the market is volatile, which makes people exhausted and look for light in despair.

The second stage: the rapid pull-up horn - the price soars, and the low-cost chips have become a thing of the past.

The third stage: the cruel wash-out baptism - eliminate investors with weak wills, and quietly raise the average cost of the market.

The fourth stage: the feast of altcoins - Ethereum leads the trend, altcoins dance one after another, and the sky is full of stars, dazzling.

The fifth stage: the cruel callback and end - calm after the carnival, the market enters a callback, the decline continues, and the bear market quietly comes.

In the world of altcoins, the first three stages are often unknown, and the risk of zeroing is always there. Only when the growth of large-cap currencies such as Ethereum slows down and funds begin to look for new ways out, the spring of altcoins will really come.

Bitcoin, the market leader, has performed far better than Ethereum. It has soared from $25,000 last year to $73,000, an increase of 292%, while Ethereum has risen from $1,800 to $4,000, a not small increase, but only 220%. More intuitively, Bitcoin has firmly stood above the 20-week line, while Ethereum is still trying to catch up.

Therefore, only when Bitcoin leads the rise and Ethereum and others follow closely, the carnival season of altcoins will truly begin. The logic behind this is simple and direct: when funds cannot find more low-priced and high-quality targets, they will naturally flow to those undervalued altcoins. The same is true for the stock market. When the big blue chips have risen enough, small-cap stocks and junk stocks will have a chance to emerge.

Judging from the current market value and trend of Bitcoin, we are at the end of the third stage. After six months of washing and adjustment, Bitcoin is ready to go, and recently it has shown a strong offensive posture under the stimulation of multiple favorable factors such as interest rate cuts. Technical indicators show that Bitcoin has crossed the 20-week moving average and MACD is about to form a golden cross, which is undoubtedly an important signal that the market is about to enter the fourth stage. #BTC☀ #BNB金鏟子 #BTC突破7万大关 #BTC走势预测 #ETH🔥🔥🔥🔥