The total market capitalization of altcoins has fallen to a ten-year low, with remaining volume only about $119.5 billion. This figure is lower than the bear market of 2018, below the 2020 312 black swan event, and also below the bottom after the FTX collapse in 2022. From a historical perspective, this is a very high level of compression. Historically, genuine altcoin rallies often do not occur when everyone is optimistic about them, but rather after they have been long ignored, continuously suppressed, and almost abandoned, followed by a reflow of liquidity. Currently, this stage resembles a setup where all conditions are being prepared for the next structural rebound, but most people have not yet realized it. Of course, for our personal trading, it’s not wrong to allocate funds gradually into valuable altcoins. Many people say that altcoins will go to zero in the future, and I agree with this view only halfway. Indeed, many altcoins will eventually become worthless, but valuable coins will still emerge in the end. #内容挖矿焕新公测开启
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$BTC
The total market capitalization of altcoins has fallen to a ten-year low, with remaining volume only about $119.5 billion. This figure is lower than the bear market of 2018, below the 2020 312 black swan event, and also below the bottom after the FTX collapse in 2022. From a historical perspective, this is a very high level of compression.
Historically, genuine altcoin rallies often do not occur when everyone is optimistic about them, but rather after they have been long ignored, continuously suppressed, and almost abandoned, followed by a reflow of liquidity. Currently, this stage resembles a setup where all conditions are being prepared for the next structural rebound, but most people have not yet realized it.
Of course, for our personal trading, it’s not wrong to allocate funds gradually into valuable altcoins. Many people say that altcoins will go to zero in the future, and I agree with this view only halfway. Indeed, many altcoins will eventually become worthless, but valuable coins will still emerge in the end. #内容挖矿焕新公测开启