Bitcoin is surging but don't celebrate too early! ⚠️ Altcoins are still holding back their big moves, the next wave of explosion depends on how high the Bitcoin can go! 🔥
Don't be fooled by Bitcoin's new highs! Although it is skyrocketing, the entire cryptocurrency market cap has not yet surpassed its previous high, and altcoins are practically still waiting for the competition to begin, with the altcoin season index at only 25, indicating that most funds have not yet entered altcoins.
This surge is mainly driven by new money and institutions from outside the circle, and altcoins and Ethereum are temporarily missing out on the profits. History tells us: Bitcoin rises first, sucking blood until it stops, then altcoins explode! The stronger Bitcoin surges, the larger the space for altcoins to take over!
US stocks have been unusually stable lately, expected to have a slight pullback of 5%, and crypto will likely follow suit in the short term, but with strong expectations for interest rate cuts in the second half of the year, any small pullback should be seen as a great opportunity to increase positions!
Now Bitcoin is pushing against altcoins which can't hold on much longer, don’t just stand there foolishly, prepare in advance to welcome the carnival of altcoin explosions! 🚀