$BTC
Recently, the cryptocurrency market has seen a divergence in altcoin performance, filled with uncertainties. Some altcoins fluctuate with the market, reacting to the ups and downs of mainstream coins like Bitcoin, showing even more exaggerated movements, clearly demonstrating speculative characteristics. Certain niche altcoins leverage emerging concepts and engage in short-term speculation, 'painting a big pie,' attracting adventurous capital influxes, leading to soaring prices, but with unstable foundations.
Currently, the tightening of regulations casts a shadow over the market, and panic sentiment can easily be ignited. Overall, altcoins lack stable value support, and there is a high probability of continued volatility, with a risk of going to zero; investors must proceed with caution.