Why aren't altcoins rising? You'll know the bottom after reading this.
Many people have been broken recently. Bitcoin has reached a new high, Binance has reached a new high, and Ethereum has risen by almost 30% to break new highs.
But the altcoins in many people's hands are just not moving.
This makes everyone doubt life a little bit. Is this really bullish? In fact, a bull market is a bull market, and altcoins are weak.
It's not the right time for altcoins now...
Throughout history, every bull market altcoin season occurs during the bull market period, and this round of bull market will be no exception.
In the early stage of the bull market, the market-wide Bitcoin will rise first. In the middle stage of the bull market, value coins will follow one after another. In the late stage of the bull market, altcoins will flourish.
Now Ethereum has not broken through a new high, and it is not yet the turn of altcoins to flourish. Money will still be invested in undervalued high-quality projects.
When Bitcoin, Ethereum, and Binance Coin all break through historical peaks and continue to set new highs, it will be the turn of altcoins to flourish.
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