Why are the mainstream currencies not pulling up the market, but some low-market-cap altcoins and MEME coins are agitated? The main reasons are as follows:
First, the funds brought by the Fed's interest rate cut have not yet entered the crypto market. The rise of mainstream currencies requires a huge amount of funds to push the market up, which has led to the current extremely sluggish performance of mainstream currencies.
In this case, retail investors will look for investment opportunities with higher returns and turn to low-market-cap currencies.
Second, the market liquidity is insufficient. The purpose of pulling up the market is usually to attract followers, raise the cost price of retail investors through continuous market turnover, and finally realize shipment. But if there is no follow-up, then pulling up the market will become an opportunity for other retail investors to get out of the trap.
Third, low-market-cap altcoins and MEME coins have become the main driving force of short-term market fluctuations due to factors such as active speculators, low circulation, and easy manipulation.
Just like the two days ago, almost all the fan sectors were pulled up. This is because this type of target has been washed up for nearly half a year, and the chips are already very concentrated. For example, SANTOS, which has been observed for half a year, has no great depth at all, and can pull out a very large increase without spending much money.
Fourthly, based on the above reasons, we should pay more attention to some low-market-cap altcoins and take out a small part of the funds to gain a larger return.
However, it should be noted that although low-market-cap currencies may bring high returns, they are also accompanied by high risks. Follow me to get daily market and trend analysis, seize this bull market, and achieve stable profits! #CPI&PPI来袭,美国通胀升还降? #特朗普当选概率上升 #美联储会议纪要曝9月降息幅度有分歧 #9月美国CPI实现6连降