This round of the bull market is mainly led by Bitcoin, as this round lacks innovative application narratives, which has resulted in retail investors' enthusiasm not being as high as in the previous bull market.
When Bitcoin reaches an ATH, the market will regain confidence, and altcoins will soar again. So during this phase, everyone should not be afraid; when there is a dip, prepare to invest in the altcoins that will rebound the most. I believe they will bear fruit soon, just in the second half of the year.
Recently, Bitcoin whales have been continuously buying Bitcoin, and the number of accumulation addresses has reached a new high. Both institutions and retail investors share the same sentiment: buy the rise, not the fall. If Bitcoin reaches a new historical high, I believe it will attract even more funds to enter the market.
