Old L1s like ada, avax, and ICP have started their main upward trend, while emerging memes like pnut, act, and neiro are still in a pullback. This teaches a lesson to many investors, especially new ones, as many have already been deeply trapped in the bull market. Each asset and sector has its own cycle, yet every time someone says this time is different.
The second half of the bull market is the stage where the overall bull market trend yields the most profit.
There will definitely be a season for altcoins, lifting the wealth effect of Bitcoin, and new investors will flock in. Even in our village, there are plenty of new investors entering the market, not to mention globally.
They will also be like themselves from years ago, thinking Bitcoin is too expensive with limited growth, and will go buy cheaper mainstream coins and altcoins.
The monthly K-line for mainstream coins and altcoins has just started to rise; if it rises for a few months similar to the first half of 2021, just think about how many times the altcoins you bought could multiply.
Believe, and you will become rich; be skeptical, and you will miss the opportunity to make money.
Whether you believe it or not, facts speak louder than words, and this is how it is currently going. Don’t subjectively impose incorrect narratives on the market.