Why don't the main players pull the market, while the low-market-cap altcoins and MEME coins are agitated?
1. The interest rate cut effect of the Federal Reserve has not yet been transmitted to the crypto market. It requires large-scale capital support to push the mainstream coins up. At this stage, the mainstream coins are sluggish. Therefore, retail investors have begun to turn to low-market-cap coins to find higher return opportunities.
2. Due to insufficient market liquidity, the main force needs to cooperate with the follow-up market to increase the retail investor's cost price through frequent turnover and finally realize shipment. If there is no follow-up market, the pull-up will provide other retail investors with an opportunity to get out of the trap, and the main force is even more reluctant to pull up the mainstream coins.
3. The circulation of low-market-cap altcoins and MEME coins is low, which is easy for speculators to manipulate. Coupled with the activeness of speculators, these currencies have become the main driving force of short-term market fluctuations. Some time ago, the fan sector generally pulled up because these coins have been washed for a long time, and the positions in the market have become lighter, which is easy to pull up.
4. Therefore, we can pay attention to some low-market-cap altcoins next, and use a small amount of funds to gain higher returns.