The cryptocurrency market has changed direction early; altcoins are quietly undergoing a major liquidation, and most people are still in the dark.
By this time next year, the currently hyped potential coins and hundredfold coins will likely have completely disappeared; it's not just a drop of half, but a direct evaporation from the market.
There are 880 days until the next Bitcoin halving, which just so happens to fall at the cycle's ice point. Looking back at history, this time in 2013, 2017, and 2021 was the darkest bottom of the bear market, but this time is worse. Mainstream coins have ETFs supporting them, while no one dares to say where the bottom is for altcoins.
The market power has long changed hands. Previously, project parties had the final say, but now platforms directly control primary and secondary trading. Project parties have become workers without funds or the willingness to stabilize coin prices. Recently, many altcoin project parties are selling tokens at low prices, clearing stocks at 40% and 60% off. Even insiders are dumping; what future can these coins have?
Market-making institutions are quietly accumulating chips while hedging short positions with contracts. The altcoin sector is undergoing systematic liquidation. The so-called rebound is merely an opportunity for them to withdraw. In the future, only two types of coins will survive: mainstream coins supported by ETFs and ecological coins deeply bound to platforms.
Stop fantasizing about long-term gains from altcoins; that's an old tale. Now is a brutal game of financial competition. Coins without resources or backgrounds cannot survive. November and December might see some short-squeeze market conditions.
But the altcoins thereafter will make you taste the harshness of reality. If you want to walk steadily, focus more on mainstream coins and platform ecological coins. Don't blindly follow the altcoin trend. Those who can survive and profit have always been the ones who clearly see the direction before reaching out.@阿二说币
