Following the results of two days of slaughter, many are asking the question: “Why are altcoins falling by a much greater ratio than Bitcoin? In percentage terms. If Bitcoin fell in total about 10%, then the losses of some coins amounted to 30 percent or more.

The answer is quite simple: Altcoins have very little liquidity compared to Bitcoin. Bitcoin's capitalization currently stands at 1 trillion 271 billion. And the adoption of the spot ETF only strengthened its capitalization. For example, the capitalization of the same SOL is currently 62 billion dollars. How many projects like Solana are needed to be comparable to Bitcoin? And if you take out a billion from BTC and a billion from SOL, who will feel the difference faster? I think the answer is clear.

At the moment there are not many institutional players in the altcoin market, and are there any at all? There are whales and retail traders. But these traders do not bring as much liquidity as whales and this situation will continue until a retail investor comes, or hamsters in common parlance. That's when Bull Run begins. They announced to us that it had supposedly begun, but this is not so. One of the indicators of the beginning of a bull run is an increase in search engine queries on the topic (what is Bitcoin and how to buy it) or housewives talking about Bitcoin at a public transport stop. To attract hamsters, news about cryptocurrency is now heard from every iron: Bitcoin has fallen... Bitcoin has risen... Or posts about how some smart trader made a million out of 100 dollars.

All this is to attract hamsters. The whales must sell to someone what they bought at the bottom of the market.