Is this bull market really over? A very small number of coins have broken new highs, while countless altcoins have plummeted by more than five times. What kind of bull market is this? The worst kind of investment. Currently, both the US and A-shares are booming, while the altcoin market is a stagnant pool, barely alive... The crypto market is high-risk and high-reward, which is what attracts people to seize opportunities...
At this stage, there are very few hundred-fold coins in the secondary market, and even coins that have increased by more than ten times are rare. One can only imagine how twisted and bloody the market is. It feels like capital is ready to cut off the last wave directly, selling off without any support, is the tulip bubble really about to burst?
Currently, if it weren't for Bitcoin and Ethereum oscillating at high levels, the market would be truly desolate. The primary market is also very quiet, lacking any vitality. Capitalists are ready to kill the goose that lays the golden eggs. If they don't support altcoins and don't create a few thousand-fold or ten-thousand-fold meme coins to attract newcomers, then even if Bitcoin rises above 200,000, it would be meaningless. Retail investors have lost their desire to invest, and exchanges wouldn't want to see this outcome either. Therefore, in the later stages, altcoins will definitely have a wave of market activity, which is likely to come very quickly, so short that as soon as it's discovered, buying will have already started. What does everyone think? It's too competitive...