#DOGE看涨情绪飙升
Yesterday, a friend brought some Moutai to drink and asked me if this is the starting point of the altcoin bull market. I told him, don't rush, this wave of altcoins doesn't have much of a bull market.
In March this year, the funding rate for Bitcoin broke 0.05, and at that time, altcoins generally surged. Then, a long period of six months of volatile decline followed, with most altcoins falling below historical lows. It wasn't until Trump took office that strong news stimulated the market, and outside funds started to come in. Yesterday, the funding rate broke 0.08, but when Bitcoin broke the 90,000 mark, altcoins collectively fell, with some even directly dropping below historical lows. They only fall and do not rise, and they play it very smoothly.
This wave, the altcoin market is severely lacking liquidity. If the market improves a bit, those venture capitals continuously release liquidity, directly crashing the market to harvest profits. Those meme coins are the same, purely garbage, with market values in the tens of billions to hundreds of billions. In this wave, you can only play short-term, don't think about long-term.
The cryptocurrency circle no longer has the effect of getting rich quickly; whether it's venture capital coins or meme coins, the market values are too high, and there are many new coins. Plus, the current global economic environment is so poor, the funds coming in are particularly limited. Project teams have harvested market funds and directly cashed out, no longer flowing into the market.
In this wave, I respect those who dare to go all-in and go long as heroes.
In the cryptocurrency circle, if you don’t have a good circle and don’t have first-hand news from the crypto world, then I suggest you follow me, check my background, and I’ll help you get rich without any cost. Welcome to join the team!!!
