The style of the market is undergoing a dramatic change!
1. After countless roller coaster market conditions, many long-term altcoin investors have developed a deeply rooted bear market mentality, leading them to cash out at every altcoin rally. However, unlike in the past, this time the altcoin market has two obvious characteristics; first, funds are indiscriminately scooping up purchases; second, there are clear signs of new capital entering the market. Once they hand over their chips, they may sell off immediately.
2. Historically, when Bitcoin does not rise, active altcoin markets often represent the most significant profit-making phase of a bull market. For example, in March 2021, Bitcoin entered a range-bound phase, and many coins in sectors such as distributed storage, the metaverse, and Layer 2 saw monthly increases of over 10 times. If the FOMO sentiment in each sector follows the path of "doubt - hesitation - indecision - fear - buying," then the funds currently missing out on altcoins are merely in the hesitation phase.
3. Bitcoin bulls are currently in a strong position, well-armed, and with plenty of ammunition; a significant short-term adjustment is almost impossible.
4. After daily trading volumes of $300 billion become the norm, the direct beneficiaries of the market are undoubtedly DEX and CEX. Currently, platform tokens like UNI, DYDX, and BNB have not yet shown significant performance, making them a good defensive strategy to prevent missing out.