ProfitAndThenLoseEverythingIn
Except for a few zones like MEME and AI, and a few special cases like SOL expected to take over the ETF, the performance of the vast majority of AltCoins in this market cycle can be described as "disastrous". The main reasons for the poor performance of AltCoins are mainly threefold:
The approval of the ETF has caused a change in the Liquidity transmission mode in the market. In the past, the path for incremental funds to get on board was generally through 'Stablecoin - BTC, ETH - AltCoin', but now incremental funds from traditional markets are more likely to directly invest in BTC through ETF
View OriginalThe approval of the ETF has caused a change in the Liquidity transmission mode in the market. In the past, the path for incremental funds to get on board was generally through 'Stablecoin - BTC, ETH - AltCoin', but now incremental funds from traditional markets are more likely to directly invest in BTC through ETF