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The altcoin season should also come, otherwise this bull market is tasteless. Now BTC has risen to 70,000, while mainstream altcoins remain stagnant. Then BTC falls to 69,000, and mainstream altcoins collapse and experience a bloodbath. This kind of bull market that falls but doesn't rise is like the Maotai bull market, where only institutions make money by holding together. Retail investors who don't have BTC will go bankrupt if this continues.
DWF Labs Co-founder: If the price of Bitcoin remains stable, the altcoin bull market may arrive within a few months
DWF Labs co-founder Andrei Grachev wrote on the X platform: "Since 2017, the market share of alts in early 2021 was 14.45%. Since March 2024, the Google search volume of alts has been declining."
Stable Bitcoin prices can inject confidence into the market, but it cannot rise 50 times, at least not now. However, AltCoins can. If the Bitcoin price remains stable, I expect a bull run of AltCoins in a few months. Please note that the above content is not investment advice.