Why don’t altcoins rise when BTC hits new highs?
It's simple.
1: Altcoins lag behind; generally, BTC needs to break through before Sol and ETH dare to rise. After these two rise, altcoins will follow.
2: There are too many short sellers at this point; many people like to short after a rise, betting on Bitcoin's double top.
So what’s the next move? Which coins can rise?
The first one is Pepe.
As long as BTC stays high, Pepe will definitely have a wave of market activity; this is the future king of memes. I believe that in the future, Pepe's market cap can surpass Shiba. Shiba should make way.
The second is the real value coin.
For example, Sol, Ray, Sui, Cetus, etc. For example, public chains and value coins that generate revenue.
The third is the popular coin.
Super popular coins can rise for a wave; everyone knows this, like People, Neiro, etc. There are many. However, you must run once you earn because it won't last long.
The fourth is low market cap coins listed on Binance.
For example, Mubarak, Hippo, and most coins with a market cap below 50-60 million; when the market cap rises, people feel they can't lose by buying.
The fifth type is fund coins.
For example, the previous layer, now WCT, clearly feels supported by large funds, which can keep rising. However, similarly, if you earn, you must run quickly.
The sixth type is coins related to Musk.
For example, Pnut.
Seventh, Bitcoin.
There are many short sellers, and it will still rise.
