#BTC☀ #ETH🔥🔥🔥🔥 Let me explain the logic of the bull market. The previous bull market rule is that after Bitcoin is halved, Bitcoin takes off first, then Ethereum takes off, and then the altcoins take off together, until the end. This round is obviously breaking this rule.
After Bitcoin and Ethereum rose, the altcoins were just about to take off, and the market was brought down by a correction. This wave of altcoins taking off together has not yet been seen.
So we should focus on the altcoin leaders, that is, the rotation bull market of the altcoins, the top few in each sector, and the representative varieties.
There are several common problems in the current altcoin market:
1. There are a lot of new coins, opportunities and abysses coexist, and there are too many dog/air coins.
2. The initial FDV of new projects is too high, and the team's coins and VC coins continue to sell, and they are sold after unlocking.
3. ETF mainstream funds are in Bitcoin or Ethereum, and will not buy altcoins.
The main funds, or the newly entered funds, are mainly on Bitcoin. There is only so much money in the market. So many copycats will definitely not rise across the board. It is impossible for all of them to pull the market. The driving force behind the K-line is still a large amount of funds. Those without funds cannot double their money, let alone expect to get rich overnight. It is recommended that investment should still be based on Bitcoin and Ethereum. It is better to have a coin standard. Use Bitcoin coin standard to build copycats, so as to minimize the loss caused by the retracement. Copycats can be selected from the top three sectors. Today's market: Bitcoin 4-hour level W double bottom bottoming is successful, and a new round of rebound is expected. Whether it can really rise, it is still necessary to pay attention to the antenna level long and short price around 69057. At present, the 4-hour level is still short, and the 1-hour level has just broken through the previous high. Ethereum is relatively stronger. The rebound signal has appeared in 4 hours#
