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🔥Why didn't this bull market bring about phenomenally large alts that are several tens of times bigger?
🔥This wave of market surged from 15500 to 73000, rising almost five times, Ethereum surged from 1000 to 4000, almost four times
🔥However, looking at some of the underlying altcoins, they did not perform well, so this bull market is different from the previous one. We will find that the 100x coins listed in the previous bull market had a market cap of only 10 million and rose 100 times to 1 billion.
🔥 And now this round of Bull Market of new coin online is billion, billions of dollars, directly open high and low to go online play people for suckers leeks and then keep releasing Lock-up Position coin, the dealer and institutions that come in are becoming more and more long, and the routines of the dealer are also constantly escalating, but they are cleverly diverted by high FDV and a huge number of new projects
🔥The capital needed for the cottage bull market is 10 times that of the bull market in 21, what is the concept of 10 times 1 trillion? 10 trillion, how much can this make BTC rise? But BTC's ETF only brings in over 100 billion dollars through.
🔥When everyone is buying new coins instead of old ones, the dealer directly launches coins with a market capitalization of billions of dollars, and new coins are even listed every week or even every day, making it impossible for you to buy them all.
🔥From this fall, it can be seen that the market's capital withdrawal is too severe, and many new coins have fallen by about 50%. If the previous profits have not been cashed out, it will result in losses.
🔥Now the dealer is also smart, using high dimensions to attack retail investors, using retail investors' cognition to make money from retail investors. So now everyone should be cautious about new coins. Most of the ones who get rich overnight are from the primary market and airdrops. On the other hand, there are few outstanding performances in the secondary market. It's not that there are no good coins, but most coins are average.
🔥So it is recommended that everyone heavily position Bitcoin and hold altcoins as a supplement. When BTC falls by more than 10% each time, you can buy in batches. Only focus on the leaders in altcoins, and never go all in on a single altcoin, unless you have sufficient understanding of the project team, their follow-up plans, and trading methods. Otherwise, heavy positions will sooner or later get whipsawed out of positions.
🔥Some trends to look out for: Big money dare not rush into altcoins! More and more people will realize this! Without external support, internal pvp will face severe blood loss.