In this bull market, will altcoins have a rally?
1. Since the halving, there have been too few retail investors coming in; basically, it's just the remaining old investors.
2. There are too many new and old coins in the market. If we are to see a decent rally, how much capital is needed? In this kind of market this year, do individuals or institutions have the confidence to buy altcoins?
3. The big drop of 413, I feel there are significant human factors involved, as if there's a strong desire in the market to withdraw some funds, causing the market to take a long time to recover.
4. The newly launched coins have been falling all the way, being halved repeatedly, there seems to be no bottom, and everyone's eager to cash out. There are only so many retail funds in the market; how long can they keep cashing out?
5. Ethereum is a piece of junk; the four-year cycle bull market is a pattern. You can seek a sword on a boat, but altcoins may not necessarily conform to this pattern. Only a few altcoins may experience bull markets; many altcoins just continue to fall and cash out.
They say Bitcoin has reached a new high, but how many times do the altcoins need to rise to break even? Previous bull markets were not like this. So if you're buying altcoins, you must carefully choose the right targets; otherwise, you are unlikely to see significant gains (even if a coin increases tenfold, you might sell early because you don't believe it can rise that much).
The market is changing, and we must adapt in a timely manner; past experiences are only for reference!
Still the same saying: Altcoins are basically roller coasters right now, they rise quickly but fall even faster. At this stage, don't think about the overall picture; timely partial profit-taking is the real truth!
Most altcoins have fallen by 70-80%, some even over 90%. Many are asking if they can return to their previous highs? 60-70% might happen, but others won't go back.
Compared to the goodwill of the market makers to help retail investors, they are more willing to speculate on new hotspots. Once this hotspot passes, it's basically just a wave of flow. You can see various sectors of altcoins or MEMEs are lively, covering up those declining altcoins.
The future trend will see capital continuously rotate and then return to mainstream sectors, followed by ongoing rotation. During this period, some strong sectors, like MEME, will span the entire cycle, growing with the cycle and reaching new highs, while weak sectors will fluctuate and only explode in the last few days after accumulating. Remember, the first element of trend reversal is that the VC coin sector follows suit; often when a certain VC coin rises significantly, the trend has arrived.
The crypto market has never lacked hot news or events; just like now, no one cares about Bitcoin's halving event, no one cares about various governments selling Bitcoin, and no one cares whether the Federal Reserve will start cutting interest rates... Perhaps in a few months, no one will care who the President of the United States is either.
Market hot news or events always appear before retail investors at the most suitable time. We must not let various messages disrupt our plans and strategies.
What we should care about is: do you have positions now, and can your altcoins rotate to see price increases?
