☆ The sharp drop in Bitcoin and Ethereum, which was affected by the news, has led to a retaliatory rebound in the market for altcoins, triggering concerns about the future trend of Bitcoin. Funds that have retreated from Bitcoin and Ethereum have entered the market for altcoins. Actually, it is not entirely possible to judge whether the season for altcoins has come according to the current market trend. If there is a continuous three-day uptrend accompanied by an increase in trading volume, there is still a possibility that the season for altcoins is coming. Otherwise, it is just a short-term trend. An issue that cannot be ignored with altcoins is the frequent unlocking of currencies, as well as potential delisting of currencies, which are both tricky operational issues. Therefore, when operating altcoins, it is important to choose coins with narrative and potential, especially fully circulating coins. The impact of news, especially uncertain factors, is very significant in today's cryptocurrency market, as evidenced by the resurgence of the Mentougou black swan incident.
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The sharp drop in Bitcoin and Ethereum, which was affected by the news, has led to a retaliatory rebound in the market for altcoins, triggering concerns about the future trend of Bitcoin. Funds that have retreated from Bitcoin and Ethereum have entered the market for altcoins. Actually, it is not entirely possible to judge whether the season for altcoins has come according to the current market trend. If there is a continuous three-day uptrend accompanied by an increase in trading volume, there is still a possibility that the season for altcoins is coming. Otherwise, it is just a short-term trend. An issue that cannot be ignored with altcoins is the frequent unlocking of currencies, as well as potential delisting of currencies, which are both tricky operational issues. Therefore, when operating altcoins, it is important to choose coins with narrative and potential, especially fully circulating coins. The impact of news, especially uncertain factors, is very significant in today's cryptocurrency market, as evidenced by the resurgence of the Mentougou black swan incident.