Bitcoin and Ethereum are both nearing historical highs. Logically, when the market rises, there should be a sense of FOMO, but the reality is quite the opposite. Most people have missed this market rally, but the truth is that most people's altcoins have not yet broken even; they are still experiencing significant losses from last year's tariffs-driven surge, and to this day, they have not switched their holdings. In fact, many are still facing huge losses.
This is essentially because most people are still 'carving the boat to seek the sword,' thinking that when Bitcoin hits a new high, altcoins will follow. However, Bitcoin already reached a historical high in mid-July this year, and it is about to hit another historical high, while most altcoins are still at the bottom, with holders unwilling to change positions, leading to a chaotic situation.
Therefore, it is very difficult for retail investors in the current market to survive, whether in terms of direction, mindset, or experience, all are crucial! The direction determines success or failure; failing to correct course promptly on the wrong path is the most fatal! Identify the right direction and trust in the right leaders!
The remaining days of August pose a choice: continue to be a spectator or keep up with the rhythm? The choice is in your hands, but the market never waits for anyone.
