Many people are currently asking if there are opportunities for altcoins besides Bitcoin. The current speculative sentiment in the altcoin market is relatively low, with poor liquidity. Under such circumstances, the profit opportunities in the altcoin market have clearly shrunk, driven more by some correlation effects. Currently, most altcoins are in a low-level consolidation phase, and what retail investors need to do is to remain patient. If the market re-enters a speculative cycle in the future, those altcoins with strong fundamentals and good chip structure are likely to start first, becoming the focus of fund chasing. Key targets to focus on later can be placed on the Solana chain and the Sui chain; one can observe the degree of activity on the chain. As long as the on-chain heat is high enough and lasts long enough, the potential of targets on these two chains will increase.
The future trend of Bitcoin still depends on the performance of the US stock market. If the US stock market stabilizes, can Bitcoin gather strength to break through $100,000 again? Ethereum can only count on institutional increases as good news; it still lacks a narrative for a real breakout. The current hope is pinned on the next upgrade, with market news and expectations starting around mid-March. Currently, the market is just experiencing reduced activity; there are no good targets to attract funds, leaving only a waste of time. However, investors cannot be careless during this waste of time, as it often marks the beginning of new narratives and hotspots. Regardless, there are still market expectations, such as Trump has not yet started speaking about crypto, there are still applications for altcoin ETFs, and Ethereum's upgrade is yet to come. The market has not ended! Currently, the entire market is particularly pessimistic because altcoins have fallen too drastically. The key issue is that Bitcoin has not yet experienced a significant drop, which is the reason for many people's panic.
If Bitcoin retraces to $85,000, what will happen to other altcoins? Ethereum is entering a typical downtrend channel, leading many altcoins into a bear market ahead of time. Without a stop to the decline, altcoins should not be involved. The current situation is equivalent to trying to shorten the duration of a bear market and then go through it again. It is prudent to avoid altcoins before a significant bottom is reached. The bull market is still ahead; nowadays, everything is following a script: in the first half of the year, we see bullish fireworks, while in the second half, we see bearish fireworks. In the first half, retail investors are cut, in the second half, analysts are cut, and next year, institutions will be cut.
Blindly going solo will never bring opportunities. Follow my profile, and I will guide you to explore tenfold potential coins! Top-tier first-level resources!
Continuously monitor: SOL ETH ARK