Altcoins are reviving; there’s no way for them to go but up!
Sector rotation: Prelude to a full-scale explosion?
Has the sector already begun to rotate? When will the altcoin season finally arrive?
Since Bitcoin started its new rally, I’ve noticed a positive signal.
Although Bitcoin renews its historical highs every day, its rate of increase is gradually slowing down. When Bitcoin shows signs of fatigue, Ethereum (the second in the industry) begins to gain momentum.
Since the weekend, Ethereum has performed very strongly, its price has returned to three digits, and it has remained stable as of now. This may be seen as a catch-up, but I prefer to interpret it as the beginning of sector rotation.
Bitcoin has climbed to unprecedented heights, which has left many people feeling conflicted. Enter the market, but worry about a potential pullback; stay out, but fear missing the opportunity.
As a result, many have turned their attention to Ethereum. Funds have also smoothly flowed into Ethereum and some quality altcoin projects.
If this situation continues, for many investors who entered at high prices or halfway up the mountain early in the year, the distance to breaking even won’t be far.
However, a question now stands before us. If Bitcoin experiences a pullback, how should we respond?
If you want to seize this bull market, learning on the go definitely won’t be timely; it’s best if someone can quickly guide you in.
I am David, welcome to communicate!
