Altcoin #山寨季将持续多久?
Altcoin Bull Market: Just Started!!!
If you think the altcoin bull market is about to end, you may need to reassess the current market logic! In my view, the altcoin bull market has actually just begun, and here are several key factors supporting this view:
Signals Behind the Significant Bitcoin Spike
Recently, Bitcoin's price significantly spiked downwards after breaking $100,000, with fluctuations of nearly $20,000 on the 5th.
Why did this phenomenon occur? The fundamental reason is:
1. Large amounts of funds leaving BTC: The sharp decline in Bitcoin is a concentrated reflection of market makers cashing out.
2. Funds flowing into altcoins: Market makers are using the funds obtained from selling BTC to acquire quality altcoins at lower levels. This strategy not only reflects market principles but also provides support for the next round of altcoin price increases.
Observation and Preparation for Quality Altcoins
Based on market performance and fund flows, I believe the following altcoins are worth paying special attention to:
1. $PEPE : As one of the currently very strong tokens in the market, $PEPE has shown strong support even during market corrections, making it a unique player among mainstream altcoins. This steady upward trend indicates that funds are concentrating on it.
2. $DOGE : Dogecoin has shown stable price trends recently, with multiple signs of breakthroughs. Although there may be short-term corrections, this presents a good opportunity for spot holders to get in. Moreover, with events related to Trump approaching, “Old Horse” (Elon Musk) may push Dogecoin into a new round of price increases, with $0.4 possibly just the beginning.
3. Trump-related tokens: As the U.S. presidential election process advances, tokens related to Trump (such as $PNUT ) are beginning to attract significant fund inflows. Although there has been some recent correction, in the long term, these thematic tokens may have more potential.