Altcoin enthusiasts praise the buying opportunity, but the scenario is a disaster.
$S is an example, enthusiasts praise the buying opportunity because most people missed the wave from 0.3 to 1u.
Then DCA burned from 0.8-0.6-0.5,... and now it's searching for the bottom according to the new chart from Binance.
Many other assets follow the same scenario: $STRK , $WLD , $EIGEN ,..
Even when $BTC surges, the entire Crypto community buys $ETH and the news repeats similarly.
In the end, only $BTC survives, the rest are completely dead.