Is the altcoin bull market expected to come?
Is the altcoin bull market expected to come?
Let's talk about the current market logic. The entire market revolves around BTC DOGE:
BTC is accelerating because central banks and institutions are queuing up to buy it: the faster it accelerates, the more it can stimulate these institutions to buy, and the more it buys, the more it can stimulate the US government to introduce a bill to make Bitcoin a reserve currency. This is a positive spiral.
As for DOGE, Musk's promotion of Trump's election directly fermented: not only mainstream funds bought, but also countless retail investors bought it crazily. At the same time, DOGE has the favorable expectation of access to X in the future. In the future, DOGE will continue to rise, and it will be a matter of time before it breaks through $1.
The booster of the peak bull market has been ignited, and the increase in Bitcoin has been far ahead of the mainstream coins, but most investors in the market still have a large number of altcoins in their hands, and some of those who bought it at a high point are still in a loss.
So at this stage, when the altcoin can explode is a question that everyone is very concerned about:
Yesterday, the ai sector also exploded, with Wld Render and others leading the rise. The strong ones in the Defi sector are Ena Uni Aave. At present, there is not much capital overflowing to the altcoin level. The current rise is some strong coins. When the big cake rises again or goes sideways, there will be a wave of altcoins, but you must stop profit when you make money.
If the ALT (altcoin) can still maintain a sharp rise, then the bull market will start, and the general rise will come. And I think ETH is the key. If ETH can't continue to rise, then ALT will be even more difficult.
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