The bull market in the cryptocurrency world has arrived. Will most altcoins also skyrocket?
They will rise, but it won't be a widespread increase.
The bull market in the cryptocurrency world is still ongoing, and Bitcoin and Ethereum will continue to reach new highs, driving the overall rise of cryptocurrencies.
However, I personally believe that the kind of market where all coins rise together, like the last bull market, is unlikely to happen again. The reason is that too many new coins have been issued in this round, and the market's liquidity has been diluted, making it difficult to support the expansion of the cryptocurrency world. Therefore, the upward potential of some coins will be relatively limited.
As I mentioned before, the current cryptocurrency market is more inclined towards a "structural bull market." Funds will concentrate on quality assets, and only altcoins with strong logic will have a future.
Thus, the primary task at hand is to screen for quality altcoins.
I personally suggest paying more attention to key sectors, such as the Ethereum ecosystem, RWA concepts, and stablecoin sectors. These are the hotspots that funds are chasing, from which to select strong coins.
For instance, the ENA we selected in our community is both part of the Ethereum ecosystem and the stablecoin sector, and it has been very strong since it came up from the bottom. We can look for similar coins to position ourselves for a big breakout later.
There are too many quality projects; the SOL, UNI, and LINK bought earlier have all doubled in profit.
The next 10x coin is being positioned. Is anyone in on this?
