Shanzhai is a group of dogs💩 using a big pancake as fuel for their crap
加密-AK
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Will $ETH drive the altcoin season? ——————————————— 🧑🍳🔍 In the current market situation, it's hard to say whether there will be an altcoin season.
Regardless of the data, the macro environment, or the fundamentals, altcoins are still overall quite lackluster. I haven't achieved results in this round of altcoins, even lost quite a bit last year. Fortunately, this year my main position has returned to BTC swings.
Last year, there was a good opportunity, around November last year, but the market didn't move as everyone expected.
I used to rely on cyclical experience to judge the altcoin market, but from last year until now, it's been nearly two years, and this situation does not conform to cyclical rules. Will there be another altcoin bull run next time? I still can't say for sure, and there are no new themes that can spark interest.
In fact, when we enter the market to buy coins, there should be reasons and logic, right? But human nature has a weakness: once we buy, we tend to hold on stubbornly and can't resist adding more. This tactic worked last round, but this time it's clearly not effective, so we need to adopt a new mindset to face the current market.
I've said it countless times, we need to focus our energy on BTC, ETH, and SOL; concentrating firepower is crucial. If it's hard to make money on these three, then altcoins are even harder to profit from. Buying altcoins should be approached with a lottery mindset: if you win, it's a surprise; if you lose, it shouldn't hurt too much. This mindset allows for attention to be paid to altcoins.
Have you ever thought that maybe in the next round of the market, altcoins still won't rise? If we're wrong, we need to admit it and look at the objective facts, those situations we can see with our own eyes.
Now let's talk about ETH. Although it has broken through, the trend isn't bad yet, but should we really invest here? This isn't a buying point structure; I never buy here. Not that it won't rise, but in my strategy, buying at a buying point structure means, even if I lose, I can do so with dignity. Even if I want to buy, I must be prepared to cut losses...
I think it's better to be cautious. Try to only engage in larger market movements.
In summary, everyone should pay more attention, don't act blindly.
Next time, I will look at whether ETH will drive the altcoin market from various aspects. This is just a discussion, objective, not offering detailed advice. Everyone should maintain their independent thinking.
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