Recently, several well-established coins in the POW sector have been performing quite well, with BCH and LTC clearly being much stronger than DOGE. The on-chain capital inflow data doesn't deceive anyone; large funds are secretly accumulating positions.
In the current market, most altcoins are still lying low at the bottom, but these two are clearly making a good show of it. Every time there's a pullback, someone steps in to buy, indicating that they are well-prepared.
If you ask me, rather than betting on those half-dead altcoins, it’s better to honestly follow the footsteps of large funds.
Look at Dogecoin's current situation; heavily reliant on the old strategy of waiting for Musk to tweet for rescue, it’s completely different from the solid capital push seen with BCH and LTC.
The market is always like this; by the time retail investors catch on, most of the movement has already occurred.
At this position, as long as there are no black swan events, accumulating positions on the dips is definitely a smart choice. After all, once a trend is formed, how easy is it to end it?
