From today’s altcoin “period” market, it’s clear that market funds are being drained by major coins like $BTC $ETH $BNB $SOL , which also indicates that a stage bottom has already appeared. Except for a few low market cap coins, most altcoins are generally in a pullback phase. The market is unfolding just as I shared with the group last week: although altcoins may appear resilient on the surface, once Bitcoin bottoms out, funds will be sucked away.
In every bear market, aside from a few coins like $BTC $ETH that still have liquidity, the other coins don’t even get a decent rebound. Therefore, for bottom-fishing in the near term, it’s best to prioritize BTC and ETH; participation in altcoins is not recommended for now.
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From today’s altcoin “period” market, it’s clear that market funds are being drained by major coins like $BTC $ETH $BNB $SOL , which also indicates that a stage bottom has already appeared. Except for a few low market cap coins, most altcoins are generally in a pullback phase. The market is unfolding just as I shared with the group last week: although altcoins may appear resilient on the surface, once Bitcoin bottoms out, funds will be sucked away.
In every bear market, aside from a few coins like $BTC $ETH that still have liquidity, the other coins don’t even get a decent rebound. Therefore, for bottom-fishing in the near term, it’s best to prioritize BTC and ETH; participation in altcoins is not recommended for now.