In this bull market, everyone is feeling scared. $BTC is about to rise to six figures each, so why are those altcoins still dropping? As retail investors, we don't have much bitcoin in our hands, we're either holding some valuable coins or MEME coins, getting battered by the market every day, not knowing when it will end.
Honestly, the way to play this bull market is much harder than before. The days when even garbage coins could skyrocket 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 swept away by market fluctuations, ultimately losing your direction and 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 quantities yet.
Looking at the U.S. stock market, although the index has continuously hit new highs in 2024, it is all supported by those big companies. With limited funds, everyone is flocking to popular sectors like big tech and AI, leaving small companies out in the cold. The same principle applies in the crypto space; bitcoin is leading the way, while altcoins can only eat dust behind.
From a funding composition perspective, the hot crypto projects in the market right now are all being played by top-tier, U.S. capital, and regular army players. 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 truly released. It will definitely come; this is a market rule, a reflection of human nature. Just like in stock trading, when the leading stocks rise, funds will always look for the next potential stock.
Remember not to be disturbed by the noise of the market; trading is actually that simple. If it rises, consider selling; if it falls, see if you should buy some. Buy low and sell high, that's all there is to it.
