$BTC $ETH On May 9th, Bitcoin hovered at a high level above 80,000, and the market rhythm has become quite clear.


This round is not about BTC continuing its unilateral surge, but a typical "old-school mainstream altcoin catch-up rally."
Recently, we can see: SOL, BNB, ICP, FIL, SUI, ZEC, LINK, NEAR, OP—these old mainstream coins take turns to rally, and funds are starting to flow from BTC into altcoins, which often indicates the market entering the second phase of the bull market.
Historically, this rhythm is very familiar: BTC consolidates at high levels to attract attention, mainstream altcoins begin to catch up one after another, sentiment quickly heats up, and retail investors chase high feverishly.
But this kind of rally usually doesn't last too long, generally 3-5 days is the limit.
How a wave of capital pushes up will likely be how it falls back later.
General Lin's advice: Brothers, stop blindly chasing the rise now; profits are already in the tail phase.
Be patient and wait for this round of mainstream altcoin catch-up to end.
Next week, focus on high-altitude opportunities around 82,000 BTC, with the initial target at 76,000. #Gate广场五月交易分享
BTC-0.31%
ETH-1.9%
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EarnBack80K
· 05-09 06:41
Okay
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