After this pullback, the situation of altcoins is a bit bad. Compared with Bitcoin, it is really hard to say whether they can return to their previous highs.

Looking at the previous situation, when Bitcoin rose to the highest, many people wanted to take the opportunity to sell all the altcoins, but this is not necessarily right. In the last round, many altcoins actually rose before Bitcoin rose to the highest.

For example, UNI, it rose to its highest point in May 2021, instead of waiting until Bitcoin rose to the highest point in November.

So, there are a few things we need to understand:

First, the highest point of altcoins is not necessarily synchronized with Bitcoin, especially those that have been hyped up.

Second, if you miss the highest point and don’t sell it, the price you want to sell later may not be too good, and it will usually fall a lot.

Third, the high point of most altcoins was actually in May 2021, not when Bitcoin rose to the highest point. Fourth, the altcoins that rose with Bitcoin are often those that have not risen much before.

So the advice is:

First, don’t always think that Bitcoin has not finished rising, and altcoins can continue to rise.

Second, don’t be too obsessed with the highest point of altcoins.

Third, stop when you make money, don’t be greedy.

Fourth, those altcoins that have been hyped up may not rise anymore.

Pay more attention to those altcoins and new coins that have not risen much before, they may still have a chance.