Altcoins: Significant Capital Diversification, Focus on Ethereum Trends
Recently, the altcoin market's performance is highly similar to the market conditions of September-October last year, showing a clear tendency for capital concentration:
Bitcoin is independently strengthening, demonstrating significant resilience, while most altcoins continue to see diminishing volume and corrections;
Market liquidity is relatively weak, with capital mainly concentrated in BTC and a few strong leading coins (such as SOL, TON);
The performance of altcoins is highly dependent on Ethereum (ETH), rather than Bitcoin. If ETH experiences a phase rebound, some strong altcoins may quickly rise by 30%-50%; conversely, if ETH corrects, altcoins are likely to retreat in unison.
Current Market is Severely Diverging
BTC shows a strong technical outlook, with daily charts indicating an upward trend;
ETH's performance is weak, dragging down the overall performance of altcoins, leading to a polarized market.
Operational Strategy
In the short term, focus on ETH trends; if ETH stabilizes and rebounds, consider strategically positioning in strong altcoins;
If ETH continues to show weakness, the altcoin market may remain under pressure, requiring caution.
Current altcoin trends should use ETH as a barometer; before there is a clear improvement in capital liquidity, avoid blindly bottom-fishing and wait for signals of ETH stabilization. #Metaplanet增持比特币