The cryptocurrencies can be roughly divided into three categories:
1. Strong Fundamental Coins:
These coins have relatively good fundamentals, usually supported by institutions or large capital involvement. During a market crash, their decline is relatively small, and volatility is a key characteristic. Once the market warms up, they typically recover and rise first.
2. Shitcoins:
These coins have almost no fundamentals, and they lack long-term capital involvement, potentially experiencing continuous declines or sideways movement for more than ten days, with persistently low trading volume. These coins cannot be effectively predicted through volume and price relationships, and while they may double in value in the short term, attracting newcomers or risk-takers, they often quickly fall back and fade into silence.
3. Coins that fall between the two categories:
These coins have relatively good fundamentals, are average, or are merely hype, with institutions occasionally making a fuss, but their continuity is not strong. Once they attract enough attention, they often become obscure again.
Check the coins you hold against this to see what type they are. #加密市场回调 $BTC