A major crash due to interest rate hikes is imminent. BTC around 35,000 is not far away, and the sentiment is the same as it was then, all discussing bottom fishing.
You have been playing with altcoins for several years, took out loans for dozens of them, returned home for the New Year in a difficult situation, didn't buy any New Year goods, and you are still single to this day. During meals, you look at your aging parents, who urge you to eat more, asking if work is busy, if you're tired. With tears in your eyes, you say it's okay, this year has been not bad, right? You know in your heart. Looking at a table full of dishes, it’s still not as much as one of your altcoins. Think about what you've bought for your parents over the years. You boast in the group every day about taking risks. Is that appropriate? Are you living up to your parents and to yourself?
One chart shows the projects that will be unlocked this week and the selling pressure. Why is it said that there will be no general rise in the altcoin season? 🔶The lifting of restrictions continues: tokens of low-circulation and high-FDV projects continue to be unlocked, bringing heavy selling pressure 🔶Excessive growth on the supply side: industry infrastructure is further improved, the threshold for entrepreneurship is further lowered, and new projects are over-issued 🔶Insufficient growth on the demand side: lack of attractive new business models, most tracks are difficult to achieve product-market matching, and cannot stimulate demand for altcoins.
ONDO: 1.94 billion unlocked on January 18, worth $2.41 billion; CHEEL: 20.81 million unlocked on January 13, worth $169 million; CONX: 4.33 million unlocked on January 15, worth $85.8 million; ARB: 92.65 million unlocked on January 16, worth $67.8 million; ZKJ: 17.22 million unlocked on January 13, worth $33.2 million; UXLINK: 26.56 million unlocked on January 18, worth $33.2 million; STRK: 64 million unlocked on January 15, worth $27.6 million; SEI: 55.56 million unlocked on January 15, worth $21.5 million; QAI: 232,000 unlocked on January 18, worth $19.6 million; APE: unlocked on January 17 15.6 million, worth $17.3 million; ENA: 12.86 million unlocked on January 15, worth $11.8 million.
It is highly likely that this round of bull market will not surge across the board like in 2021. The alt season only belongs to some tokens. Finding a cost-effective and suitable target also requires a certain amount of luck.
Many people can't make money, blaming the bad environment, the coins they bought don't rise, and saying there is no alt season.
The so-called alt season does not mean that all alts rise!
As the number of altcoins increases exponentially, the market value also opens high, which means that only a very small number of altcoins can rise.
In the future, there may be less than 100 altcoins that can keep up with the big cake. Whether you can seize it depends on luck in addition to ability.
Opportunities are always there, but the difficulty increases exponentially.
There are no knockoff chickens 🐔 Can it be called a knockoff phone if it doesn't rise in price?
看不懂的sol
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Altcoins have been falling; is there still an opportunity in the altcoin season?
For brothers who are confused about the altcoin season, remember that both ups and downs are part of trading in the crypto world: no one can escape the downturn, and missing the downturn means being absent during the rise. Do not liquidate everything, but don’t be overly invested either. Do not fear; this round of altcoin season requires an optimistic mindset and a bit of luck. Downturns are also part of the upturn.
Let's first review the historical data of the BTC bull market: Between 2013 and 2017, Bitcoin rose from $163 to $20,000, an increase of nearly 110 times. However, this process was not smooth; there were multiple pullbacks of 50%, 30%, 38%, and 37%. Some brothers who couldn't hold on panicked and sold during the downturn, and when Bitcoin rose again, they had to buy back at higher prices.
Recently I heard a very outrageous statement, saying "I don't play BTC, I only play ETH", it's really outrageous. The root of the currency circle is BTC. If Bitcoin drops by 1 point, the second and third Bitcoins will drop by at least 5 points, and the copycat will drop by 10 points. Only play ETH and not BTC, you mean ETH determines the market, right? 😁. Bitcoin is the root of the tree, ETH and major mainstream currencies are the leaves and branches on the tree. It doesn't need me to say whether the roots determine the branches or the branches determine the roots. For novices playing in the Bitcoin circle, remember to study BTC first, and then study the major mainstream currencies, and don't do it backwards. Otherwise, no matter how high your skills are, you can only make a meager profit.
$RAD a bunch of trash KOLs start pushing hard, upon careful observation, they are all just hype men calling you to buy their junk, don't come in to buy.
$RAD A lot of KOLs started pushing hard. If you look closely, they are all the ones who pull the price and ask you to take over. Don't come in and take over.