BTC.D is high. The spot wallet (hodl) on my CEXs officially lost >-55%. Altcoin sales are too cruel and aggressive. Every day dump 5-15%. The April 13, 2024 bottom has been broken, many tokens have appeared at new bottoms.
With too many altcoin projects, too high valuations, overlapping fields and increasingly declining quality, the market is diluted, oversupplied and lacking demand, making it difficult to anchor prices.
Overview of Crypto 2024 is too broken, there is no clear legal framework, no construction criteria and no new project price frame. I hope that in 2026, crypto can be completely destroyed and rebuilt.
Ignore the major crypto-related events that have happened, are happening, and are about to happen in 2024. I see that the altcoin price lines from March of 2023 and 2024 have many similarities. Hopefully BTC will not swerve and altcoins will not dump until October 2024.
#Euro2024 is starting, we have a place to find joy, temporarily forget the pain of crypto. However, don't be too happy and cut your crypto losses to gamble on football. If we don't finish the 2024 season, we still have the right belt. Being played by coins is enough.
