In this round of the bull market, everyone is feeling scared. $BTC is about to rise to six digits for one, so why are those altcoins still falling? As retail investors, we don't hold many Bitcoins; either we are holding some valuable coins or MEME coins, getting brutally punished by the market every day, unsure when it will end.
To be honest, the way to play this bull market is much harder than before. The days when junk coins could soar and you could make money with your eyes closed are long gone. Now the market is so fragmented, if you don't have a solid understanding, it's easy to be swayed by market fluctuations and lose your direction, making impulsive decisions.
We need to find out why the market is like this.
First, from a macro perspective, the Federal Reserve is still at the starting line of the easing cycle; interest rates have dropped, but money hasn't been released in large amounts yet.
Looking at the US stock market, although the indices keep hitting new highs in 2024, it is all supported by those big companies. With limited funds, everyone is crowding into major tech and AI sectors, while small companies are left behind. The same principle applies in the crypto space; Bitcoin is leading the way, and altcoins can only eat dust behind.
From the perspective of funding composition, the hot crypto projects in the market right now are all being played by the top players, US capital, and regular armies. Altcoins? The regular army doesn't have time for them.
So we need to understand, when will the altcoin season come? It will naturally come when money is really released. It will definitely come; that's a market rule, a matter of human nature. Just like stock trading, when leading stocks rise, funds will always look for the next potential stock.
Remember not to let the market noise interfere; trading is actually that simple. If it rises, consider selling; if it falls, see if you should buy some. Buy low, sell high, that's how it is.
Now BTC is stable above 90,000, and the market is fully erupting! In this situation, it's the best time to lay down potential altcoins! I've carefully selected a coin that is expected to increase 2-3 times in the short term and 5-10 times in the long term, leave a comment + like, and I'll share it for free!
