#比特币走势观察 Stay cautious, avoid being aggressive
At this moment of the last bull market, everything was rising. All cryptocurrencies in the market, including Bitcoin, value coins, and altcoins, were soaring.
In this bull market's first quarter, I judge the opposite.
Bitcoin is moving sideways with a slight drop (sideways instead of dropping), value coins are rising, and altcoins are bleeding heavily; there is no altcoin season, only an altcoin sacrifice.
Of course, my judgment could be wrong.
But holding a main position in ETH and BNB can prevent missing out and also guard against assets being “sacrificed” by altcoins.
If an asset is halved by 50%, it needs to rise 100% to return to its previous high.
If it is halved by 60%, it needs to rise 150% to return to its previous high.
If it is halved by 70%, it needs to rise 240% to return to its previous high.
Asset safety is always the top priority.