ALTCOIN WILL GROW VERY STRONGLY AFTER BTC'S CURRENT ADJUSTMENT
Currently, after 7 consecutive months of closing the monthly candle as a green candle, BTC is undergoing an extremely necessary adjustment for the cycle and the market. Altcoins have mostly lost at least 20% of their value and are in a much better position than before.
In my personal opinion, after this correction wave takes place, Altcoin will grow very strongly for the following 3 reasons.
The most important reason is that next May is the deadline for the ETH ETF. It's not yet discussed whether it will be approved or not, but certainly buying the rumor will make ETH price grow very well in the time before the decision, this is similar to how BTC increased from 26K to 44K. before the BTC ETF was accepted.
Second, Altcoins after this correction wave of BTC will attract quite a few retail investors and return to a good price range with much smaller caps. The strong increase of ETH will increase the odds of these Altcoins.
Finally, according to history, the period of May after the Halving took place is always the time when the BTC market share decreased sharply. The decrease in BTC market share will cause money to flow strongly to Altcoin, helping it grow very strongly.
Let's make good use of the current correction wave, guys
