Here we briefly discuss two misunderstandings about Bitcoin and altcoins:
First, some people think that Bitcoin is still sucking blood from altcoins;
Second, some people think that altcoins will pull the market together.
I think the two views are not so accurate.
First, BTC rises here, but altcoins do not rise. The market sentiment is not high. Even if the altcoins do not rise in the blood-sucking market, everyone is fomo. According to the two waves of market conditions in 2023, Bitcoin and altcoins resonate at the same frequency. Here, I think altcoins are waiting for Bitcoin to break through, and a clearer signal is needed. Breaking through the two points of 6w8 and the new high, the certainty after the breakthrough is stronger, and the altcoins will quickly follow up.
Second, the previous market situation where all the altcoins on the whole screen were pulling the market at the same time may not reappear. Instead, it should be the rotation of sectors, which will last longer overall and have a higher success rate.
Just hold on to your coins, sooner or later it will be your turn to rise. This market is friendly to old investors, but not to novices. You may lose money if you chase the rise and fall. For more information, please follow the public account Crypto Recorder #BTC要挑战7W大关了吗？
