The biggest problem with the current market is that Bitcoin is rising violently alone, and most altcoins follow the symbolic rise, and then when Bitcoin slightly corrects, other altcoins will plummet;
The main reason is that there is too little money in the market and insufficient liquidity. The money from Bitcoin spot ETFs is basically deposited in BTC itself, and rarely spills over. This round has reached $90,000, and ETH, the vane of altcoins, has not reached the height of March this year, let alone other currencies;
But this is the case in the early stage of the bull market. Bitcoin must first rise comfortably, and only when it rises to the point where it can no longer rise, will there be spillover funds to pull up altcoins. Now only a small part of the money from the interest rate cut has flowed into the currency circle. This money is mainly optimistic about Bitcoin and can only support Bitcoin's rise. So if you mainly hold altcoins, you can only be patient. The bull market with a big surge is behind and will come soon, but the bull market of altcoins is in danger and not so optimistic.
There are two things to do now:
1. Work hard and earn more bullets;
2. Use various channels to find high-quality currencies and act quickly.
