Altcoin market cools down, Bitcoin regains dominance
BlockBeats news, Coinmarketcap's latest monitoring shows that the altcoin season index has dropped from 43 to 25 in six days, with only 25 out of the TOP 100 cryptocurrencies outperforming Bitcoin in the last three months. Funds are clearly flowing out of altcoins and returning to Bitcoin.
Winners' camp
Bitcoin (BTC): Risk-off sentiment boosts consensus, the leading position becomes more stable
Bitcoin's direct descendants (BRC-20, etc.): Main chain popularity lifts surrounding ecosystems
Stablecoins: USDT, USDC become the ammunition depot on the battlefield
High-risk areas
Soaring MEME coins: Be cautious of knee-jerk reactions with dog projects
Air coins: After the tide recedes, even the bottom line can't be kept
Chain games/NFTs: The first ponds to dry up when liquidity withdraws
The current market has entered the mode of 'Bitcoin solo dance, altcoins playing dead', chasing altcoins can easily lead to being stuck halfway up the mountain. Smart money is starting to shift towards Bitcoin's underlying ecosystem and pragmatic tracks backed by real-world assets (RWA), as wearing a bulletproof vest is the only way to withstand bullets during a bear market.
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