When Bitcoin bounces, top altcoins will bounce first, not low cap altcoins.
I am totally agree with you that when Bitcoin start to bullish ,all the top altcoins start to bullish because it's directly propotional to Bitcoin.
But the best thing for low market cap coin is that it's bullish jump is more higher then top altcoin due to low resistance
So you have more possible chance to earn more
You could say the influence of Bitcoin on the top altcoins is extraordinary whether the price goes up or when it goes down,
coins like that when they go up I don't think they will last long and different from the top altcoins,
so we really have to know when is the right time to buy and sell it
I partly disagree with you. I don’t think that all the top altcoins will follow Bitcoin. It is clear that locally every coin will give some bounce, but it is unlikely to go on trend. I believe more, when alt season comes, we need to monitor which segment will go up and follow the coins of this segment, starting from the top coins, and then look at similar lowcaps.
It is called correlation. Lowcap coins have positive correlation with Eth and Eth has direct correlation with BTC dominance.
Altcoins follow path of BTC and correlation is real between all financial markets. Top coins are not exceptional here, the opportunity for us is when bear market ends it is time to shine for altcoins.
Yes, I understand what correlation is. I just want to say that when the bear market ends, not all even the top coins will reach their former ATH. For example, I don't believe in ADA. This is a very large project, a top coin, but it feels like it is slowly dying. Yes, there will be a bounce. But I do not believe that it will return even to $ 1.
As for the correlation with the stock market, if you follow the history, you can only see a periodic correlation. When the FUD is inflated on the crypt during the fall of the stocks, then of course the price correlates. But when everyone around is shouting that bitcoin is a lifeline, then even during a fall in stocks, bitcoin goes up.