Quote from: wakier on Today at 01:44:41 PM

Quote from: AlphaBheta on Today at 11:41:13 AM

A bit late to this, but I think we still need to be careful with Alts, for a while now the trend has been little to no reaction from them despite the rally from BTC.

I still don't quite understand the current cycle. After BTC reaches its new ATH, money should flow into altcoins, creating a true altseason. However, after observing for several weeks after BTC reached its new ATH and experienced a correction, altcoins also declined, dropping even deeper. Some time ago, when BTC returned to $119,000, I noticed that ETH and Dogecoin didn't follow BTC movement, but instead tended to weaken.

Honestly, I invested my savings in altcoins when they rose a week ago, but the price immediately dropped drastically, and I'm currently still experiencing losses. Hopefully, the altseason cycle will truly occur this year, as many coins are believed to have potential for growth. I saw BNB experience a fairly drastic increase in the last two days, hitting a new ATH at $859. I hoped ETH, SOL, and Dogecoin to reach new ATH afterward.

Normally, after BTC hits a new ATH, alts follow, but this time they just dipped harder. Feels like money not rotating the same way as before. Might just be early or maybe the game’s changed. Holding through this ain't easy, but yeah, let’s see if altseason actually shows up soon. Roll Eyes