The real altcoin bull market is about to begin
From the overall BTC market, this decline is caused by the reduction of holdings by players who made a lot of profits some time ago, and the other is that there should be institutional pressure to prevent the subsequent purchase price of BTC from being too high, after all, BTC has reached a six-digit price.
The current market is that funds are starting to flow out of Bitcoin, which is still the same as the previous bull market. After Bitcoin rose, funds flowed to altcoins, and BTC went sideways to create a stable situation for altcoins. When the market value of altcoins reached a certain height, the first stage of the bull market ended. After two or three months of adjustment, the second stage of the bull market began.
The development model of the bull market has not changed, the only change is that the hot spots are different.
In addition, don't doubt or worry too much. The decline of altcoins in the past two days is too common in the bull market, especially in the early stage of the bull market. No matter whether it has doubled or tripled before, before the altcoin market starts, it must return to the original position, and now is the time.
The virtual currency market is getting bigger and bigger, and the amount of funds it brings is also huge. In this bull market, the slightly well-known altcoins should be able to reach at least 1 billion, or even tens of billions.
In short, in short,
I think the adjustment should be over,
even if it is not over, it is close to the end.
Now it's time to see who is lucky enough to buy the 100-fold coins in the next stage.
