The recent recovery of the crypto market is simply crazy! Meme coins are leading the charge, will altcoins make a comeback or just harvest the retail investors?
The China-U.S. trade war has suddenly cooled down, the probability of the Federal Reserve cutting interest rates in July has soared to 75%, this macroeconomic good news has injected enthusiasm into the crypto space! Bitcoin is rising with Ethereum and SOL, the Meme coin sector is completely going wild — coins like MOODENG and GOAT have doubled in just 24 hours, the retail investors who missed out are all slapping their thighs!
But don’t rush in! A random comment from Trump can cause the coin prices to spike with no volume, this FOMO sentiment is obviously off. Now the market is in a heated debate:
Bullish: Bitcoin’s new highs will definitely lift altcoins! Short-term funds have gone crazy, the altcoin season has officially started!
Cautious: Even the founder of CryptoQuant has admitted he was wrong about being bearish, now institutional funds are the boss, the game has completely changed!
Bearish: Don’t be fooled by the rebound! Altcoins have dropped 90% and this is the only reaction, it’s clearly a dead cat bounce, it’s definitely not a bull market!
What’s most heartbreaking is that Bitcoin’s market share is approaching 60%! No matter how happy Meme coins bounce around, the altcoin season? Doesn’t exist! This wave is at most a local small bull market, with all the big funds rallying in Bitcoin!
To be honest: right now is the golden window for institutions to harvest retail investors! Listed companies like Metaplanet, Strategy, and Jetking are crazily hoarding Bitcoin, BlackRock’s ETF has already held 620,000 coins. Retail investors are still riding the altcoin roller coaster, while the big players have long been winning by lying down in Bitcoin!
Want to recover losses? Want to make profits? Position yourself in potential coins, publicly available to everyone, leading you to seize the main wave of the bull market!
