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#SHIB#Second-tier altcoins have crashed below the 2022 bear market lows. Are you still daring to allocate altcoins in this bear market?
Many established second-tier altcoins have already fallen below the 2022 bear market lows. DOT, , SHIB, CORE, and FIL still maintain market consensus, while the rest of the massive number of air altcoins have already gone to zero in batches.
The biggest difference between this bear market and the last one: institutional funds are only concentrated in BTC, ETH, CORE, altcoins are continuously being drained, coupled with tightening global regulations, it's hard to see a broad-based bull market again.
Many established second-tier coins have already fallen below their 2022 bear market lows. DOT, SHIB, CORE, and FIL still maintain some market consensus, but countless other air coins have already gone to zero en masse.
The biggest difference between this bear market and the last one: institutional funds are only concentrated in BTC, ETH, and CORE, while altcoins are continuously drained. Coupled with tightening global regulations, it's hard to see another broad-based bull market.