What's up, my crypto people! It seems that while Bitcoin is partying, skyrocketing and already strongly hitting $104,000, our beloved altcoins are down in the dumps! 😩 The situation is grim, like a winter that just won't end, and the truth is that there are no signs that they will warm up anytime soon.
One mind-blowing fact is this: if you look at the difference in buying and selling volume of altcoins (not counting Bitcoin and Ethereum), it's in intense red. In December 2024, this was positive and altcoins were at their peak, but since then, investor sentiment has hit rock bottom! 📉 Today, we are at a staggering -$36 billion, which means people are not buying altcoins even by mistake! It's as if altcoin investors have disappeared, literally! 👻
So, even if Bitcoin is in rocket mode, the altcoin market feels like we are still in the middle of a crypto winter. And if we don’t see an increase in that buying volume, the chances of a true "altcoin season" (that time when all the altcoins go crazy!) seem farther away than a vacation on the moon. 🌙
For now, it seems that the party is only for Bitcoin. Those who have their money in BTC are celebrating, but for altcoins to shine again, we need people to start accumulating them again! So let's stay alert and see what the crypto future holds for us!$BTC $ETH $XRP