Mia Luo
Influencer,Researcher,Builder,Trader;Prev @PWC |BD for @ChainCacther & @RootData|Build Orderly
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Recently, the on-chain fluctuations have made it feel like everything is wrong, and it might be better to just go all in on BTC... BTC has absorbed over 55% of the market's liquidity in this wave, with a single asset market share reaching 57.8%, which is very unhealthy.
It's hard to imagine what will happen to altcoins if Bitcoin drops; currently, the on-chain Meme track is suffering severe losses, almost halving. In the future, Bitcoin's volatility will likely lead to a difficult drop for altcoins, and then liquidity may return and increase. I hope altcoins can withstand it...
$BTC
$ETH
$SOL
It's hard to imagine what will happen to altcoins if Bitcoin drops; currently, the on-chain Meme track is suffering severe losses, almost halving. In the future, Bitcoin's volatility will likely lead to a difficult drop for altcoins, and then liquidity may return and increase. I hope altcoins can withstand it...
$BTC
$ETH
$SOL
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