Altcoins are skyrocketing! But mainstream coins are really just following the trend, don't be fooled by small fluctuations!
Over the weekend, altcoins surged, feeling like a bull market has truly arrived, with ETH and SOL breaking above the 200-day moving average, the altcoin party has begun, earning profits like crazy! However, Ethereum is still closely following the trend of Bitcoin, and an independent market is unlikely, probably fluctuating for about a week. Mainstream coins are weaker than Bitcoin; this wave feels like the prelude to last week's Bitcoin's crazy bloodsucking. Short-term traders have enough reference, but long-term players shouldn't be swayed by small fluctuations.