$SUI

The excitement for alternative currencies that is happening right now is enticing, but those who closely follow the market know that something disturbing is going on. We are seeing rapid and random increases in many currencies without real support. That is to say, there are no projects launched with new products, no clear adoption, or even tangible technical development; what is happening is an influx of speculative liquidity whose main goal is to create FOMO among new entrants to the market.

Bitcoin's dominance is declining, but that is not always a positive sign. Sometimes, it indicates that investors are fleeing towards risk because they want a quick gain, and that in itself is a dangerous indicator. We all remember previous hype seasons, after which we saw violent corrections that caused the market to drop by 70% or more.

The biggest problem is that there are many new entrants in the market right now who do not understand what they are buying, just a race for appeal. People are entering currencies with momentary hype and thinking that profits are guaranteed. But those who follow the history know that whales are the first to exit and leave you with losses.

The market is now in a phase of illusory overvaluation of value, and there is likely a correction scenario very close. So, those who enter must be very aware and not chase the trend just because the excitement is ongoing; it is not an indicator of health.