1: On the 24th, BTC and Ethereum completed their gates, while the altcoins hit new lows.
Second: The previous wave of rise was like a flash in the pan. Except for some new coins, this wave of decline has caused most altcoins, such as traditional old coins DOT and XRP, to fall back to the prices during the bear market.
3: Facts have proved that this time, BTC has stolen the limelight, and has been gaining more and more attention and market share during its rise. Many traditional financial institutions have changed their views on the crypto market, making BTC stand out again and leaving altcoins far behind.
4: At present, it seems that the average values of most altcoins have fallen back to the prices during the bear market. The trends of some altcoins are very similar to those in the first half of 2021. For example, OP, ALT, ARB, etc. all experienced a rise in January, February, and March, breaking new highs and then reaching the top, and then fell all the way to June, and then climbed again and broke new highs again.
Five: With the ETH spot ETF about to be officially approved and start trading, it is the best choice to lay out the Ethereum system. I think the alt season will be late but definitely not absent. Brothers who are trapped should hold on. Don't forget that the last round of bull market was also the same. #以太坊ETF批准预期 #币安HODLer空投
