The anxiety caused by Bitcoin's rise, and the anxiety of altcoins!
Buy altcoins, fearing Bitcoin's correction, while altcoins could directly collapse. Not buying altcoins also risks missing out. Now I have basically completed the exit and hedging actions for all my old secondary altcoins, and some have already started rebuilding positions.
Now the entire industry gives a chaotic and disordered feeling:
The fundamental reason may still be that most people are simply not on the bus, or they are busy playing with dogs?
VCs choose to lay flat; the community is keen on memes; veteran investors in the secondary market hold their coins; exchanges continuously launch high market cap low liquidity bubble coins to harvest funds; institutions are smartest to only buy BTC; mainstream coins still shout application slogans but lack innovation.
Everyone plays their own game! No interference! Sigh!
The bull market has entered the second phase!
As of now, it is certain that the bull market has started.
First, let’s popularize the first phase of the bull market:
At the start of the market, market confidence has not fully recovered. A significant rise in Bitcoin is needed to tell the market that a major bull market has arrived.
Many times, when BTC has a slight correction, due to the long period of weak altcoin performance, panic psychology is severe, and altcoins often drop even more.
Altcoins often have many trapped positions, even if the main force wants to pull up, they will repeatedly wash the plate at key positions.
It can now be confirmed that the bull market is in the first phase and the upcoming second phase is the most important, as this is the most profitable phase in the bull market. Missing the rhythm may cause one to miss the entire bull market.
Second phase of the bull market:
In the second phase, due to the increase in BTC bringing more market confidence, funds begin to become active, plus there were a few sectors with explosive growth in the first phase.
The biggest feature of the second phase is: popular sectors will continue to enhance the getting-rich effect. This is because the sectors that rose in the first phase are constantly promoting their benefits and bright futures.
So the overall situation in the second phase is that the market rises broadly, and the leading sectors continue to have the effect of getting rich. There’s no need to say much about the broad rise, but what we want most is to find sectors that may have a getting-rich effect!
How to seize the opportunity to get rich right now?
The leading ones are still the most worthy coins to focus on, maintaining the view that this round may eat both leading and new coins, while mid-tier coins will starve.
Liquidity is overly concentrated because it is not that abundant. Similar to the movement of US stocks, it is concentrated in popular sectors with leading coins:
Leading deterministic BETA coins:
BTC SOL DOGE
Coins with potential: XRP
These coins are large market cap coins and can be safely traded for swings. One can also shift between these coins according to the rhythm.
Leading ALPHA coins:
The emerging track is the on-chain track of SOL; at the beginning of the year, on-chain inscriptions and the current on-chain dog inscriptions fall under the same reasoning.
Note that on-chain coins have already been listed on the secondary spot market: neiro PNUT ACT.
Compared to leading BETA coins, these coins have much higher volatility and there is a possibility that the main upward wave has not finished running.
