Many partners are feeling distressed that they missed the opportunity to get in when Bitcoin reached 110,000. Here, I want to say that everyone shouldn't feel troubled for missing out; in another way, we have avoided a lot of detours. This round of Bitcoin saw a rise from 70,000 to 110,000, and most people are in the loss stage. As for the reason, it's because in this round of increase, only Bitcoin has risen, and there are very few users in the cryptocurrency space who are playing with Bitcoin.
Some may wonder, what should we buy now? Should we directly chase Bitcoin? Here, I want to share my long-standing thought process. The rise of Bitcoin is just the direction of the market; most people look at Bitcoin more as a signal to buy the smaller coins below it, treating Bitcoin as a lighthouse. Currently, the smaller coins are all in a short-term fluctuation range (within the top 20 by market cap), with only a few breaking out of this range.
Those who have ideas can buy as they wish.