Since May, the correlation between altcoins and ETH has significantly weakened: ETH pullbacks no longer trigger widespread declines in altcoins, and some altcoins are showing independent trends. ETH's market share is relatively weak, while altcoin funds remain actively engaged, indicating that funds prefer to chase high-volatility assets rather than revolve around ETH. This may not be a full-scale altcoin bull market, but the style could be shifting. Users' strategy is to continue monitoring altcoin trends and to buy the main tokens for a rebound.

ETH0.69%
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
  • Pinned