Crypto Web3 Today
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Bullish
The new trick market makers are using to put more pressure on altcoins.
It's a short-term Bitcoin trade. It drops, acquisitions drop, and currencies drop sharply.
The only way to have a major currency explosion is for Bitcoin to be stable, moving in a slow range, then acquisitions slowly decline, and currencies explode. This is how the 2020 bull run began.
But this year and in previous years, the strategy has changed, and market makers are always coming up with new tricks to put more pressure on the market.
Neither market makers nor institutions care about altcoins.
All of this rise in altcoins is driven by small investors, platforms, and small companies seeking funding.
The big institutions that actually drive the market own billions of dollars, such as BlackRook, MicroStrategy, and Fedilty.
These focus more on Bitcoin, Ethereum, and XRP.
The rest of the currencies rise because of small traders, and the price quickly drops because they take their profits quickly.
So I believe the cycle has completely changed. Since the entry of institutions into crypto, it has destroyed everything. Unfortunately,
I don't think a bull run will come. Bitcoin has reached its peak, and Ethereum is also close to its peak.
XRP, Solana, and Sui
These strong currencies that whales and institutions are interested in have all already reached new peaks.
The remaining altcoins are waiting.
From my perspective, only a few currencies will reach new peaks, for example. Most currencies will not rise.
There are five months left. If the currencies don't rise by then, it will take another year.
$BTC
$ETH
$XRP
#BullRn
#altsesaon
#altcoins
#Write2Earn
It's a short-term Bitcoin trade. It drops, acquisitions drop, and currencies drop sharply.
The only way to have a major currency explosion is for Bitcoin to be stable, moving in a slow range, then acquisitions slowly decline, and currencies explode. This is how the 2020 bull run began.
But this year and in previous years, the strategy has changed, and market makers are always coming up with new tricks to put more pressure on the market.
Neither market makers nor institutions care about altcoins.
All of this rise in altcoins is driven by small investors, platforms, and small companies seeking funding.
The big institutions that actually drive the market own billions of dollars, such as BlackRook, MicroStrategy, and Fedilty.
These focus more on Bitcoin, Ethereum, and XRP.
The rest of the currencies rise because of small traders, and the price quickly drops because they take their profits quickly.
So I believe the cycle has completely changed. Since the entry of institutions into crypto, it has destroyed everything. Unfortunately,
I don't think a bull run will come. Bitcoin has reached its peak, and Ethereum is also close to its peak.
XRP, Solana, and Sui
These strong currencies that whales and institutions are interested in have all already reached new peaks.
The remaining altcoins are waiting.
From my perspective, only a few currencies will reach new peaks, for example. Most currencies will not rise.
There are five months left. If the currencies don't rise by then, it will take another year.
$BTC
$ETH
$XRP
#BullRn
#altsesaon
#altcoins
#Write2Earn
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.