A similar thing happened recently in 2019. Bitcoin is rising alone, while small coins are sluggish.

I think there are 3 biggest reasons:

1. The current new funds are only institutional funds, there is no widespread general effect, and ordinary retail funds have not been attracted. As for new institutions, it is understandable that they will mainly buy btc or eth

2. After more than a year of bear market, the retail funds on the market have basically been trapped by most currencies. As long as you/me/he have a little faith in your own currency, they are now trapped in different cars and waiting for the rise. , not many believers still have large amounts of money to gradually buy

3. There are still some smart short-term investors in the market who are participating in speculation, speculating on hot spots and short-term speculation. They just follow the market to chase hot spots, make a profit and then stop. They have no faith at all and will not buy. Long hold #ETH #BTC