This is the last opportunity for altcoins in this cycle
Bitcoin surpassed its previous high in March 2024, while Ethereum stopped at 4000 points. Looking back, this is actually a very important signal; funds have already shown divergence here. Based on past experience, the return rate of Ethereum should be higher than that of Bitcoin. In the last bull market, which began in April 2020, Bitcoin had a return rate of 14 times, while Ethereum achieved 52 times.
Two new changes in this round are the approval of Bitcoin spot ETFs and the large-scale adoption of Bitcoin strategies by many companies, directly pushing Bitcoin towards 100,000. Currently, the holding amount of Bitcoin spot ETFs is 1.2 million units. These two channels of funds will not enter altcoins, and the lethargy of Ethereum has directly led to most altcoins continuously bleeding compared to Bitcoin.
Even the launch of Ethereum spot ETFs later failed to reverse the downturn and instead accelerated Ethereum's decline, with Grayscale continuously offloading after the ETF was introduced.
Unfortunately, most retail investors are allocated to altcoins, hoping to replicate past glories in this round and achieve 5-10 times excess returns on altcoins, as everyone knows that Bitcoin's growth multiple won't be too high. Therefore, even when Bitcoin breaks historical highs several times, there hasn't been much enthusiasm in the market because everyone's focus is on altcoins.
If you are currently only down 20-30%, then congratulations, you are still a top trader. Therefore, if you are losing money on altcoins, be kind to yourself; you are not alone. The winners in this cycle belong to long-term holders of Bitcoin.
All experiences are valuable. Through this round of changes, we have broken established perceptions. Holding a continuously growing asset long-term is the truly valuable choice. Altcoins, as entities with little fundamental support, can only be used for speculation. The reason altcoins rise when liquidity is injected is simply that there is too much capital needing a place to go, that’s all.
This cycle is approaching its end, which is also the last opportunity for altcoins, as well as the final escape window. After this round, please fully embrace Bitcoin. #山寨季何时到来 #BLINKY #BTC再创新高 #ETH突破3000
Bitcoin surpassed its previous high in March 2024, while Ethereum stopped at 4000 points. Looking back, this is actually a very important signal; funds have already shown divergence here. Based on past experience, the return rate of Ethereum should be higher than that of Bitcoin. In the last bull market, which began in April 2020, Bitcoin had a return rate of 14 times, while Ethereum achieved 52 times.
Two new changes in this round are the approval of Bitcoin spot ETFs and the large-scale adoption of Bitcoin strategies by many companies, directly pushing Bitcoin towards 100,000. Currently, the holding amount of Bitcoin spot ETFs is 1.2 million units. These two channels of funds will not enter altcoins, and the lethargy of Ethereum has directly led to most altcoins continuously bleeding compared to Bitcoin.
Even the launch of Ethereum spot ETFs later failed to reverse the downturn and instead accelerated Ethereum's decline, with Grayscale continuously offloading after the ETF was introduced.
Unfortunately, most retail investors are allocated to altcoins, hoping to replicate past glories in this round and achieve 5-10 times excess returns on altcoins, as everyone knows that Bitcoin's growth multiple won't be too high. Therefore, even when Bitcoin breaks historical highs several times, there hasn't been much enthusiasm in the market because everyone's focus is on altcoins.
If you are currently only down 20-30%, then congratulations, you are still a top trader. Therefore, if you are losing money on altcoins, be kind to yourself; you are not alone. The winners in this cycle belong to long-term holders of Bitcoin.
All experiences are valuable. Through this round of changes, we have broken established perceptions. Holding a continuously growing asset long-term is the truly valuable choice. Altcoins, as entities with little fundamental support, can only be used for speculation. The reason altcoins rise when liquidity is injected is simply that there is too much capital needing a place to go, that’s all.
This cycle is approaching its end, which is also the last opportunity for altcoins, as well as the final escape window. After this round, please fully embrace Bitcoin. #山寨季何时到来 #BLINKY #BTC再创新高 #ETH突破3000
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