#美国加密立法或将重启 What is the only criterion for the arrival of the alt season? In fact, 90% of people think wrong!

Most people think that the crazy rise of ETH is a signal for the arrival of the alt season. But there is only one correct answer: only the continuous surge of Bitcoin is the only sign of the opening of the alt season. Remember, it is the only one!

Many people don’t really know what the bull market in 2021 will look like, but they just heard some gossip. Some people think that after Bitcoin consolidates, Ethereum will rise, and then the altcoin market will start. But they don’t know that before that, Bitcoin had been soaring wildly for 15 consecutive days, with big positive lines every day, and the myth of getting rich quickly spread everywhere, occupying the headlines of major media for many consecutive days. Institutions took the opportunity to hype and hype the effect of getting rich quickly, attracting "hot money" and more institutions outside the circle to rush into the Bitcoin market.

Afterwards, institutions shipped goods and let retail investors outside the circle take over at high positions. Later, foreign funds really couldn’t digest so many Bitcoins, supply and demand were unbalanced, Bitcoin prices plummeted instantly, and panic spread. Investors outside the circle were trapped at high prices, suffered heavy losses, and were eager to recover their capital. At this time, institutions took advantage of the situation and moved their funds to altcoins, and retail investors who were trapped at high Bitcoin prices also hurried to sell their stocks and ran to speculate on altcoins to recover their losses. With more funds for altcoins and a smaller market cap, it is naturally easy to pull the market, so there are myths of altcoins with a market value of billions but a hundred times increase.

This is the key and the essence of the matter. The premise for the start of the altcoin season is the continued surge in Bitcoin, not the rise of Ethereum, which means the arrival of the altcoin season.

Recently, I am more optimistic about Musk's puppy pp, which has a low market value but a strong community, and at least 10 to 20 times of growth space. Interested friends can pay more attention. $BTC $XRP $PEPE #美国加密立法或将重启 #BTC上攻11万？