If you're riding altcoins, keep a close eye on $ETH—it's the canary in the coal mine for the entire sector.
Last year painted one picture: 2024 looked like a legit bull run. But flip the calendar to 2025, and the narrative flipped hard. What unfolded was a textbook bull trap. While retail got caught off guard, savvy traders cleaned up. The correction that followed? Brutal. Heavy losses across the board, which explains why we're seeing such aggressive deleveraging right now.
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ForkLibertarian
· 8h ago
I'm an old-timer who has seen too many cycles. The 24-year wave looked like a real bull market, but what happened... is this it? A bunch of retail investors are trapped and dead, I did make some profit, but I didn't enjoy it. Now this dump... ETH is indeed a barometer; if it drops further, altcoins can just lie down and wait.
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BlockchainTherapist
· 8h ago
Whenever ETH drops, I know something's about to go wrong.
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ApeEscapeArtist
· 8h ago
That wave of hype last year was really intense; this year, it's directly slapped back.
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ImpermanentPhilosopher
· 8h ago
ETH drops and altcoins all die; this time I really understand.
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ProofOfNothing
· 8h ago
NGL, last year's wave was truly a classic case of pulling the wool over retail investors' eyes. Retail investors are still dreaming, but the veterans have already run away.
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ETH's warning signal really needs to be watched closely. When it trembles, the entire market trembles with it.
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The term "bull trap" is very familiar to me. Someone always falls for it...
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What do you call a bull run in 2024? I think it's purely a setup. Now I understand.
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Aggressive deleveraging, huh? That's just a fancy way of saying liquidation.
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So, only true warriors or really foolish people dare to trade cryptocurrencies now.
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When ETH drops, altcoins might as well not even try to survive. This is the cruelty of the ecosystem.
If you're riding altcoins, keep a close eye on $ETH—it's the canary in the coal mine for the entire sector.
Last year painted one picture: 2024 looked like a legit bull run. But flip the calendar to 2025, and the narrative flipped hard. What unfolded was a textbook bull trap. While retail got caught off guard, savvy traders cleaned up. The correction that followed? Brutal. Heavy losses across the board, which explains why we're seeing such aggressive deleveraging right now.