$BTC I guess most people are very sad today, because most of the leeks are definitely first-hand altcoins. The saddest thing about the current market is not the decline of the big cake, but the rise of the big cake, but the small coins do not follow the rise, but fall instead. Then when the big cake falls, it is even more uncomfortable. From the perspective of prediction, I also mentioned in the two-week paid weekly report shared the day before yesterday that the trend of the callback in these two weeks is within my expected range, and it also prompted the callback of the big cake to the 65,000 receiving position in the first half of the week, and the volatile rise in the second half of the week. At present, the big cake is consistent, but many altcoins today are not resistant to the fall and broke the new low. This is beyond my expectation. The overall recovery of altcoins is estimated to be in the second half of the month.

However, judging from the market share trend of Bitcoin, it is unlikely that the altcoin market will have a comprehensive and violent bull market like that in 2021 this year. It is more likely that the previous rotation market will continue. After all, there has been no interest rate cut or loosening of liquidity, and there has not been a large influx of new funds into the market. Whether it is Bitcoin or Ethereum's ETF expectations in the future, it will be a game between traditional institutions and big funds, which will not be of much help to small coins. Therefore, it is recommended to look at this year's altcoin market objectively.