#BTC 🌹Why didn't this bull market produce phenomenon-level altcoins that multiplied several tens of times?

🌹The market has risen from 15,500 to 73,000 in this wave, nearly five times the increase. Ethereum has risen from 1,000 to 4,000, nearly four times the increase.
🔥However, some underlying altcoins have not performed well, so this bull market is different from the previous one. We will find that in the previous bull run, the market capitalization of 100x coins was only 10 million when they were listed, and they rose 100 times to 1 billion.
🔥And now the new coins listed in this bull market are in the billions, tens of billions of dollars, directly opening high and going low, going online to cut leeks and then continuously releasing locked coins. More and more dealers and institutions are coming in, and the tricks of the dealer are constantly upgrading, just cleverly diverted by high FDV and huge new projects.
🔥The capital required for a speculative bull run is 10 times that of the bull market in 2021. What is the concept of 10 times 1 trillion? This could raise BTC by how much? But the ETF of BTC only brought in over 10 billion dollars.
🔥When everyone is buying new coins instead of old ones, the dealer directly launches coins with a market capitalization of billions of dollars, and there are new coins launched every week or even every day, making it impossible for you to buy them all.
🔥From this fall, it can be seen that the market's capital withdrawal is too severe, and many new coins have fallen by about 50%. If the previous profits have not been cashed out, it will still result in losses.
🔥Now the dealers are also smart, using high-level strategies to attack retail investors and making money from their cognition, so now everyone should be cautious about new coins. Most of those who get rich quickly are basically from the primary market airdrops, while there are very few excellent performances in the secondary market. It's not that there are no good coins, but most coins are just average.
🔥So I suggest that everyone hold heavy positions in Bitcoin and consider altcoins as a supplement. When Bitcoin falls more than 10%, you can buy it in batches. Only pay attention to the leading altcoins, and never go all in on a single altcoin unless you have enough knowledge about the project team, their future plans, and trading methods. Otherwise, you will eventually get whipsawed out of heavy positions.
🔥Some upcoming trends: Big money dare not rush into altcoins! More and more people will realize this! Without external support, internal pvp will face severe bleeding.
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