Everyone should not panic; the real bull market has not yet begun, and altcoins have not broken their previous highs. Right now, it is merely BTC celebrating!
Currently, BTC has broken through its previous high, but altcoins have yet to start, not even breaking their most basic previous highs! I believe that before the bull market begins, there may be a possibility of thousands of coins going to zero, followed by a concentration of funds to create a top-notch bull market, which will ultimately overturn all past bull markets. Why do I say this?
Everyone should carefully consider one question: Did Trump and the U.S. go to great lengths to create and promote the cryptocurrency space just to harvest such a small amount of money? Just to eat up this tiny portion of BTC? Where is the real big profit? It lies in altcoins; altcoins are the best harvesting machine. This small amount of BTC is insignificant compared to the problems currently facing the U.S., like a drop in the bucket. The U.S. debt is frighteningly high, and June is once again the time to repay U.S. debt. Raising BTC is just to harvest a little bit of money to pay off the debt!
The United States currently urgently needs full participation in the cryptocurrency space, requiring more funds and fresh blood to join the crypto world to create a larger incremental market. The existing market cannot solve the current problems in the United States. If the crypto space is ruined, altcoins will have no hope. For the U.S. harvesting plan, it holds no practical significance, as they cannot harvest more money. In the past, the U.S. dominated the world by tying the dollar to gold and oil, harvesting globally. Today, oil and gold no longer hold that power; they need something new to continue their dollar hegemony, and cryptocurrency is the best choice. BTC attracts users, with most of the big players being Americans, while altcoins are the key to harvesting. Only by creating a super altcoin can they achieve their funding goals and solve America's problems. Of course, some may say that the U.S. can default; while defaulting is an option, it would diminish the authority of the dollar hegemony. If cryptocurrency cannot create a larger incremental market, then the U.S. will decline! Therefore, this round of harvesting altcoins is of national significance for the U.S. They must create a super bull market to attract more funds and users to harvest more money. Thus, I boldly speculate that there will be a significant market trend ahead, which will surpass the great bull market of 2021.
Of course, this round of the bull market cannot be separated from the Federal Reserve's attitude. I believe that the Federal Reserve's loosening policy is the real opportunity for altcoins.
