🔴 Extremely weak performance against Bitcoin
The value of all these coins has decreased by between 60% and 85% against Bitcoin, which means:
Even if they seem cheap in US dollars,
they have lost significant value compared to Bitcoin for a long time.
Examples from your list:
ADA/BTC: -58%
AVAX/BTC: -71%
NEAR/BTC: -73%
DOT/BTC: -75%
ARB/BTC: -77%
APT/BTC: -86%
📉 What this indicates (market structure)
1. Bitcoin dominance phase
Capital is invested in Bitcoin and not being shifted to altcoins.
This is typical behavior before an altcoin season or mid-bear market cycle.
2. Most altcoins are still in a significant downward trend against Bitcoin.
Lower highs and lower lows on altcoin charts against Bitcoin.
No trend reversals have been confirmed yet.
3. A "cheap" price does not necessarily mean a good entry opportunity.
Altcoins may remain in a state of being oversold against Bitcoin for several months.
Typically, prematurely catching bottoms leads to losing an alternative opportunity.
🧠 How do smart investors usually behave?
Start by accumulating Bitcoin first.
Wait for:
Bitcoin to reach its peak.
Rising lows of the altcoin/BTC pair.
Clear breakout patterns on the weekly charts of the altcoin/BTC pair.
Only then, increase trading volume on altcoins.
Please follow up
