May 6, 2026


Brothers, look at this trend, the overall rebound in the market has already begun, Bitcoin broke through 80k and stabilized, Ethereum also broke through 2,400 points. But the most worth mentioning is still the point I made yesterday, which is that mainstream assets have already started to activate, you can check the top gainers list, and there are already signs of old-school altcoins and mainstream coins.
A normal market rally starts with Bitcoin leading, then mainstream coins, and finally altcoins. However, the current crypto market doesn’t follow the normal pattern; speculative funds are choosing to pump small-cap altcoins, while Bitcoin’s mainstream movement, due to longer accumulation periods, can only wait for high-control altcoins to lead the rally first. But regardless, the signs of capital flow in this market trend are quite obvious.
Every time I reach this point, I think the most concern for everyone is whether to chase the rally. Honestly, from the perspective of altcoins, I don’t recommend it, because most of the recent pump altcoins are definitely one-wave plays. Although this wave has a large increase, considering that most people can’t outplay the whales, altcoins are only suitable for small plays, gaining experience first before going for bigger bets.
For mainstream assets, I’ve been buying through grid trading and dollar-cost averaging. When Ethereum was at $2,000, I openly said that my position was over 90%. Now I’ve reduced some because of automatic grid selling, and also because a small amount of altcoins I hold have also risen. If you’re still holding a light position, I think it’s definitely okay to chase. This decisive break through 80,000 points shows a good chance to break 90k, and the final rebound high could be set around 90.
BTC0.54%
ETH-0.57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin