#加密市场反弹

The frequent new highs of altcoins stand in stark contrast to Bitcoin.

For most retail investors, the rise in Bitcoin's price has not allowed the majority to profit; instead, they are increasingly trapped by altcoins, worrying about the future development trends of the market, and doubting that this is just a celebration for Bitcoin alone.

Logically, institutions need to make a profit when they raise the price of Bitcoin. Therefore, institutions can sell off after driving up Bitcoin's price, causing altcoins to drop, and then exchange for Ethereum-based altcoins at a lower cost, achieving lower holding costs than retail investors. This creates a turnover, also known as capital rotation, which can raise altcoins again, attracting retail investors back in, ultimately forming a perfect harvest.

Thus, a bull market will certainly not be a solo act. There will definitely be an altcoin season. For ordinary investors, what they need to do is to de-leverage and hold their positions, investing in stages based on their actual capabilities. Furthermore, it is important to understand that not all altcoins have investment value; individuals need to select carefully and remember not to heavily invest in a single altcoin, but to diversify investments based on their financial capacity.