This week, the crypto market showed a volatile upward trend.
Bitcoin once broke through $67,500, and Ethereum returned to above $3,500.
The U.S. Bitcoin ETF continues to attract capital inflows, with cumulative net inflows reaching US$17 billion.
Institutional investors' interest in Bitcoin continues to grow, and Germany's Bitcoin Group SE doubled its Bitcoin funding to 165 million euros. (Just sold all the spot stocks in hand, and now I am vomiting blood...)
Bitcoin is breaking through upward with unstoppable force, as if it has entered an uncharted territory.
If nothing unexpected happens, it will be just around the corner to challenge the previous high before the end of the month…
Other altcoins, except Momocoin and the artificial intelligence sector, are still severely differentiated as before.
Judging from the current structure, most of the altcoins in this bull market are here to suck blood, and there is a high probability of stepping on a landmine if you make a bad choice.
Buy sector leaders whenever possible!
After all, in the era of the (hundred-coin) war, the cost of issuing coins is too small. There are probably hundreds of meme coins listed on exchanges alone. The probability of successfully selecting one among so many meme coins is too small.
The goal is to buy the leader.
Judging from this round of rebound, the rebound space of most altcoins is even less than that of Bitcoin.
That says it all!
