Three months later, you'll be kicking yourself! A survival guide for altcoin consolidation
As a veteran player in the crypto space, I must clarify the underlying logic of this market cycle:
Every crypto bull market follows the iron law of "Bitcoin rises first - altcoins take the baton."
Currently, Bitcoin's market share has dropped from a high of 65% to 58%, but according to historical patterns, this number is likely to fall further to around 45%. What does this mean? It means the altcoin frenzy has just begun, and we haven't even finished the first phase yet.
Let me give you a real case: In the early stages of the 2020 bull market, Bitcoin's share dropped from 68% to 40%, while the total market value of altcoins skyrocketed by 12 times.
How similar is the current situation? Those who chased Bitcoin to 69,000 last December are likely still trapped, but just look at mainstream altcoins like Ethereum and SOL; haven't they all risen at least 3 times from the bottom?
A special reminder for new investors: selling altcoins now is like selling Shanghai real estate to buy gold in 2013. I've seen too many people panic sell during altcoin consolidation, only to regret it three months later. Remember, in the crypto market, patience is more important than IQ. The real major upward wave only starts when Bitcoin's share drops below 50%; right now, the goal is to hold onto your assets and not be shaken off by short-term fluctuations.