Everyone knows why BTC is almost at 110,000
Why haven’t altcoins surged significantly?
Because altcoins are in a risk-averse mode while BTC is soaring high
The current retail investors have become smarter and are reluctant to chase high positions
If BTC were to rise to 80,000-90,000, it wouldn't matter to buy into altcoins
The key point is that BTC is already nearing 110,000, and once there’s a slight pullback
Altcoins could drop 30-50 points just like last week
There’s no need to take such a big risk buying extremely high-risk altcoins
From last Monday to Wednesday, BTC only dropped 5 points while altcoins fell 50 points
So this is why altcoins are not following BTC closely recently!
I’d rather wait for a BTC pullback to enter altcoins than go in and get buried!
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