12.17 Crypto Market Landscape: BTC Leads, Analysis of Altcoin Trends

I. Bitcoin Leads Market Performance

Bitcoin continues to hit new highs, taking on the role of leader and driving enthusiasm in the entire crypto market.

ETH has also steadily rebounded above $4000, while altcoins are in a phase of consolidation.

II. Past Market Fluctuation Patterns

Over the past two years, BTC has risen first, followed by a period of consolidation as the upward momentum weakened.

Then, altcoins experienced a surge pattern, with short-term attention on BTC's performance serving as a reference for altcoin trends.

III. Key Points Related to Altcoin Investment

It is not recommended to invest in MEME-type, SOL-type, and inscription-type altcoins, as they have been abandoned by the capital market and lack growth momentum.

Older projects like EOS, IOTA, etc., may have stronger fundamental support and potential for value reassessment compared to popular altcoins.

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