Suddenly realized a question: some tokens are strong because people hold them not to profit from the price fluctuations of the token, but to profit from the growth in the number of tokens!
When the price of SOL was strong, people were fighting for more SOL, and during this time, they didn't even care about the price fluctuations of SOL...
Similarly, during the last bull market when ETH was strong, people cared about how much ETH their NFTs were worth, not about ETH itself...
This also explains why those who became wealthy through altcoins are essentially still calculating how much their paper wealth is worth in BTC, and even all assets in the crypto space need to be measured by how many BTC they are worth.
Is this the reason why BTC remains so strong?
On the contrary, when people start to worry about the price of SOL or ETH, it is actually because there are no good opportunities to earn SOL or ETH, which means that the supply of chips that do not constitute supply will be released...
This leads to a drop in coin prices and exacerbates this vicious cycle...
On this basis, when will BTC go bear?