Today, I want to share my thoughts on this matter.
First, we need to understand that there is a pattern to the flow of funds in cryptocurrency.
Typically, they first flow into Bitcoin and then gradually into altcoins.
So when BTC rises first, it's normal for altcoins to struggle to follow suit immediately.
But the problem is that there are too many altcoin options now; relying solely on guessing which will rise or which category will explode is simply unrealistic, and the probability of choosing correctly is too low.
Secondly, large capital players prefer to buy Bitcoin.
Compared to the myriad of altcoins, BTC has a large market cap and good liquidity, making it more stable for large capital and less likely to hit a minefield, so it naturally gets prioritized.
Furthermore, there are simply too many trading options available now; it's almost like there are thousands of them.
This leads to the situation where the altcoin we hold might not attract any attention or investment, so it's completely normal that it doesn't rise.
So, when selecting coins, you need to look for the real ones: those with actual trading volume and a clear upward trend are much better than holding 'zombie coins'.
The most critical thing is that last week many people lost their principal in altcoins, and their confidence was directly shattered.
Getting these people to dare to touch altcoins again won't happen in a day or two; we need to wait for the market to gradually warm up for everyone's sense of security to return.
In fact, BTC rising first is a good thing for the entire crypto market.
If BTC can maintain its upward momentum, even if altcoins don’t respond immediately, once BTC starts to consolidate through fluctuations, altcoins are likely to gradually recover.
However, I need to remind you: looking at the daily charts of BTC, Ethereum, and other altcoins, they still appear to be on a downward trend. We haven't completely emerged from the trough.
In my opinion, market changes take time; the ideal situation is for Bitcoin to first reverse its current downward structure, and then altcoins can follow.
You can't rush this; you have to wait patiently.#Strategy增持比特币