Altcoin prices collectively surge ≠ Bull market has started, don’t be blinded by short-term frenzy


Recently, altcoins have been rising collectively, and many are shouting that the bull market has arrived. But don’t rush to enter the market. This round of market movement is more like a phase of emotional-driven celebration, not a clear signal of trend reversal.
Bitcoin and Ethereum are still oscillating at high levels, and mainstream funds have not formed a consensus to buy aggressively. Funds are instead flowing into small-cap altcoins to create short-term surges, essentially amplifying market volatility and attracting chasing funds to follow in.
The key risk is: the faster the increase, the more intense the turnover of positions. Once the subsequent relay funds break down, the selling pressure at high levels will quickly concentrate and be released, making the market prone to rapid reversal, sometimes without enough opportunity to exit.
Don’t treat this round of altcoin rally as the start of a bull market; it’s more like a brief window for emotional arbitrage. The hotter the rise in the market, the more crowded the positions become; the crazier the market, the more you need to strictly control risks. Never blindly chase high #山寨币强势反弹
BTC1.38%
ETH0.63%
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