Many people didn't notice that the real altcoin boom in 2021 only started when the U price dropped to 7 during those three months.
Before Bitcoin rose from 3200 to 30000, altcoins hardly moved. Only after U dropped did the entire market explode together. I believe this cycle follows the same script. Previously, the rise was driven by the ETF boom for BTC, not a full market rally. U price has been maintained above 7, indicating that big funds are only chasing BTC and not altcoins. Now that U has just broken below 7, only when U continues to fall and funds flow in, with off-market money rushing into stablecoins, will altcoins start to activate.
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Many people didn't notice that the real altcoin boom in 2021 only started when the U price dropped to 7 during those three months.
Before Bitcoin rose from 3200 to 30000, altcoins hardly moved. Only after U dropped did the entire market explode together.
I believe this cycle follows the same script. Previously, the rise was driven by the ETF boom for BTC, not a full market rally.
U price has been maintained above 7, indicating that big funds are only chasing BTC and not altcoins.
Now that U has just broken below 7, only when U continues to fall and funds flow in, with off-market money rushing into stablecoins, will altcoins start to activate.