What is the only standard for the arrival of altcoin season? Ninety percent of people are wrong!
Almost everyone believes that Ethereum's crazy surge is the signal for the arrival of altcoin season, but there is only one correct answer: it is only Bitcoin's continuous explosive rise that serves as the sole signal for the start of altcoin season. Remember, it is the only one! Many people do not truly understand what the bull market of 2021 was actually like; they just listened to some rumors. Some believe that after Bitcoin consolidates, Ethereum will surge, followed by a launch of altcoin markets. In reality, they are unaware that before this, Bitcoin had surged wildly for 15 consecutive days, with daily large candles, and the myth of getting rich spread everywhere, dominating the headlines of major media outlets for multiple days in a row. Institutions took advantage of this opportunity, inflating the wealth effect, attracting “dumb money” from outside the circle and more institutions rushing into the Bitcoin market. Afterward, institutions sold off, leaving retail investors outside to pick up the high positions. Eventually, external funds could not absorb so much Bitcoin, leading to an imbalance of supply and demand, causing Bitcoin's price to plummet in an instant, panic spread, and outside investors found themselves trapped at high positions, losing greatly and eager to recover losses. At this time, institutions took the opportunity to shift their funds to altcoins, and retail investors trapped at high positions in Bitcoin hurriedly cut their losses and rushed to trade altcoins to recover. With more funds flowing into altcoins and their market caps being smaller, it became easier to pump them, hence the myths of those altcoins with market values in the tens of billions soaring hundreds of times.
This is the key; this is the essence of the matter. The prerequisite for the start of altcoin season is Bitcoin's continuous and mindless explosive rise, not that Ethereum's surge indicates the arrival of altcoin season. Recently, Dao Ge is quite optimistic about Elon Musk's Doge PP, which has a low market cap and a strong community, with at least 10 to 20 times the potential. Brothers who have learned can pay more attention to it. #2025加密趋势预测 #BTC上攻11万? #币安Alpha第7批项目公布