Here are some facts that many people may be reluctant to accept but have to face:
1. The relative advantage of Ethereum: Although Ethereum cannot surpass Bitcoin—after all, Bitcoin is the 'leader' of cryptocurrencies, and its position is almost unshakable. However, in terms of relative performance, Ethereum has still outperformed 90% of altcoins. Just look at the exchange rate between DOGE (Dogecoin) and Ethereum (DOGEETH), and you will understand that Ethereum's performance is quite good. If you are an investor focused on bottom-fishing altcoins, you may feel fortunate to hold Ethereum, as the performance of other altcoins may lead to significant losses; in comparison, Ethereum is simply a 'safe haven'.
2. The nature of the current market: The sluggishness of this market cycle is fundamentally due to a lack of paradigm innovation, which has resulted in the absence of a prosperous season for altcoins. This has little to do with Binance and is not directly related to whether there are airdrops for BNB holders. Due to the lack of an altcoin frenzy, most investors find it difficult to profit, so many vent their anger on Binance, which is both meaningless and not objective enough. In fact, if you look at the performance of altcoins on other exchanges, you will find that the situation is only worse. You might mention Upbit (a cryptocurrency exchange in South Korea), which is a 'premium vegetable' country where trading volume even exceeds that of the stock market; such an extreme speculative market is indeed hard to compare with other normal markets.
3. Investment advice: As always, try to avoid touching altcoins and focus solely on Bitcoin and Ethereum. In the current market environment, these two may be relatively more reliable choices. Recently, #加密市场回调 #美国初请失业金人数低于预期 #币安合约上线VVV #TRUMP #Conan discovered that there is a Conan in Level One, which is said to be a Dogecoin from the Trump series, you might want to look into it.