Crypto飞哥
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Seeing a viewpoint that believes this round of the bull market has no altcoin season, for the following reasons:
1. Since the halving, there have been too few retail investors coming in from outside, mostly just the remaining old holders.
2. There are too many new coins and old coins in the market; if we are to welcome a decent overall rise, how much capital would be needed? In this kind of market this year, do individuals or institutions have the confidence to buy altcoins?
3. Altcoins have been continuously plummeting, and I feel that human factors play a significant role, just like the market is eager to withdraw some capital, causing the market to take a long time to recover.
4. Newly launched coins are on a continuous decline, halving again and again, with no bottom in sight, and everyone is in a hurry to cash out. The retail investors in the market only have so much money; how long can they cash out?
5. Ethereum is garbage.
The four-year cycle bull market is a rule; one can carve a boat to seek a sword, but altcoins may not necessarily conform to this rule. There may be a few altcoins that exist in a bull market, while many altcoins only continue to decline and extract money.
They say Bitcoin has reached a new high; how many times must the altcoins increase to break even? Previous bull markets were not like this.
What do you think???
1. Since the halving, there have been too few retail investors coming in from outside, mostly just the remaining old holders.
2. There are too many new coins and old coins in the market; if we are to welcome a decent overall rise, how much capital would be needed? In this kind of market this year, do individuals or institutions have the confidence to buy altcoins?
3. Altcoins have been continuously plummeting, and I feel that human factors play a significant role, just like the market is eager to withdraw some capital, causing the market to take a long time to recover.
4. Newly launched coins are on a continuous decline, halving again and again, with no bottom in sight, and everyone is in a hurry to cash out. The retail investors in the market only have so much money; how long can they cash out?
5. Ethereum is garbage.
The four-year cycle bull market is a rule; one can carve a boat to seek a sword, but altcoins may not necessarily conform to this rule. There may be a few altcoins that exist in a bull market, while many altcoins only continue to decline and extract money.
They say Bitcoin has reached a new high; how many times must the altcoins increase to break even? Previous bull markets were not like this.
What do you think???
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