Recent market trends have shown an interesting phenomenon — the strong performance of a certain coin directly drives the movement of related coins. Pulled by the leading coin, follower coins have achieved 2-3x gains in a short timeframe, and this correlation effect is quite common in the market.
Behind this phenomenon is the market's hot spot clustering effect. When a certain coin gains market attention, investor sentiment rapidly spreads to other coins within the related ecosystem or concept, creating waves of spectacular price movements. However, these rapid surges often come with high risks, and participants need to maintain rationality and caution. Market opportunities and risks often coexist, and seizing momentum is more important than blindly chasing gains.
Recent market trends have shown an interesting phenomenon — the strong performance of a certain coin directly drives the movement of related coins. Pulled by the leading coin, follower coins have achieved 2-3x gains in a short timeframe, and this correlation effect is quite common in the market.
Behind this phenomenon is the market's hot spot clustering effect. When a certain coin gains market attention, investor sentiment rapidly spreads to other coins within the related ecosystem or concept, creating waves of spectacular price movements. However, these rapid surges often come with high risks, and participants need to maintain rationality and caution. Market opportunities and risks often coexist, and seizing momentum is more important than blindly chasing gains.