The structural market for altcoins has quietly arrived
I have observed the unusual movements across the entire sector
The rebounds have been quite strong for some older L1s
Yet for those cryptocurrencies within the top 100 by market cap,
the trading volume has shrunk to below 10 million
It can be described as a sight to behold...
But this also means that as Bitcoin moves towards new highs,
it will trigger a small wave of sentiment
that will elevate the overall trading volume of altcoins to over 5 times
Then the price should at least increase by 1 to 3 times...
Once the trading depth is reached, it will also facilitate a better decline later on, but until then it remains safe
At the very least, it allows for a significant influx of liquidity