When the bull market comes, altcoins will definitely rise. This is an unquestionable rule.
The rhythm of each bull market is very clear: Bitcoin → Ethereum and other top 10 currencies → top 50 currencies → altcoins are all in a frenzy.
Why is this so?
In a bear market, the main force will continue to absorb chips until no one in the market is willing to sell at a low price. At this time, they can only collect chips by raising prices. Although smashing the market downward can scare away retail investors, when the chips cannot be cut out, the main force will turn to pull up, because continuing to suppress will only increase costs and risks.
The logic of pulling up the market
The main force usually gives priority to raising Bitcoin, because Bitcoin has low risk and high certainty, which is suitable for large funds to operate. Through the blood-sucking effect, the main force suppresses the price of altcoins, concentrates funds on Bitcoin, and completes phased shipments. Then, Bitcoin adjusts at a high level, and funds flow to mainstream coins with slightly higher risks (such as Ethereum's top 10). After that, the rise of mainstream coins attracts retail investors to chase high prices, and the main force ships again, and funds flow to altcoins again. This cycle will continue until there are no more cheap and valuable targets for speculation in the market.
Signals of the end of the bull market
When the market enters a full-scale bubble and the main players are no longer willing to speculate on altcoins, the market will collapse quickly. Bitcoin initially fell slightly due to the acceptance of some funds, but altcoins will be quickly cut in half. Retail investors often mistakenly think that it is a wash and continue to increase their positions, not knowing that the game is over.
Will the altcoin season definitely come?
The answer is yes. Newcomers need a "wealth-making effect" to attract attention, and altcoins are the best advertisements. The high price of Bitcoin is difficult for novices to accept. Only when they see people around them getting rich by investing in altcoins will they have the mentality of "I can do it too", thereby driving funds to flow into the market on a large scale, and altcoins usher in the final frenzy.
Conclusion: In a bull market, altcoins will rise, and behind this is the game of funds and human nature. #微策略持续增持BTC