The Panic of Retail Investors! The Great Opportunity in the Crypto World!
Looking back at the last bull market from 2020 to 2021, Bitcoin rose
from the end of September 2020 to December 2020, during which all DEFI
coins were in a correction, and most altcoins were also lying low.
Bitcoin shone alone, rising from 10,000 to nearly double.
The leading DEFI token UNI fell from a low of 8 dollars to 1 dollar;
by February 2021, Bitcoin was nearing 60,000 at its peak, while Ethereum
was still hovering below 2,000. If you review the subsequent trends
in the candlestick chart, you will see that Ethereum doubled
from 2,200 to over 4,000 in just two weeks.
We must recognize one thing: Bitcoin determines the overall trend
of the crypto market, but! The rhythm and lifecycle of altcoins
are different from that of Bitcoin.