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Bitcoin Dominates, Altcoins Lag Behind

Time:2024-02-27 Click:102


Bitcoin’s current price accounts for 83% of its historical peak price of 69,000U, and ETH’s is 68%;The current price ratio of other mainstream currencies to their historical peak prices: BNB is 58%, SOL is 42%, XRP is 14%, ADA is 20%, DOGE is 13%, LINK is 36%, and BCH is 7%;The performance of the upstarts in the last bull market is as follows: SHIB is 12%, UNI is 24%, ICP is 2%, FIL is 3%, and DOT is 15%;From the bloody figures above, we can see that the current "calf market" is actually a one-man game for Bitcoin, because after the adoption of the Bitcoin spot ETF, funds from outside the currency circle bought Bitcoin, which brought heat to the entire market. ; But it may take some time for people outside the circle to go from recognizing Bitcoin to recognizing other altcoins. The current altcoins are more about funds in the circle running back and forth to chase hot spots in this lively background, so if you are not buying A coin can last for a year or two, so don’t talk about faith lightly.In the currency circle, making money is belief, and the most important skill for making money is: learn to buy, but also overcome greed and learn to sell. At present, from the perspective of the halving time, the rotation of market funds will continue for about 40 days. Let’s see which leading currencies are still at a low level. You can buy them and wait for them to rise, but at the same time, you must be prepared to be trapped. Good psychological construction: At most, if you keep it for a year and a half, as long as you don’t sell it, the dog farm won’t be able to cut you off.Attached is a map of popular leading currencies for your reference.BITCOINDOMINATESALTCOINSLAGBEHIND

标签:bitcoin

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