Ethereum / BitcoinShort
ALTCOIN SEASON? Probably Not.. ETH BTC Poor Performance
ETH BTC will be the key signal Altcoin Bull Market is GO. This time last year the Chart looked similar, ETH made up a bunch of Growing then lost it all for the proceeding 9 months.
I don't See a huge reason to be throwing money into ETH right now. Buy the Dip? Maybe but other than that, its all just greater fool speculation
ETH has been struggling, the growth of new L1s is affecting its dominance in the market as they take market share.
If ETH ain't going up your ALT bags wont sustain any pump they do get as people look to TP early. The only pump the Altcoin markets get will be less than 4 weeks long and you should consider selling up and waiting for the market to bottom.
There will come a time it makes sense but currently there are thousands of altcoin companies that are unning out of funds quickly as they have no business model other than raising money and nobody wants to give them money because all you are doing is buying a random guy a lambo if you invest.
Until al bad businesses have been weeded out, Alts will continue to struggle and only specific areas of Altcoins will do well like RWA and AI. Memes are fading away, yes there will be the occasional good one but overall, people are rekt from meme trading the past 3 months and everyone is looking for a quick way to get rich rather than building a long term plan.
I don't See a huge reason to be throwing money into ETH right now. Buy the Dip? Maybe but other than that, its all just greater fool speculation
ETH has been struggling, the growth of new L1s is affecting its dominance in the market as they take market share.
If ETH ain't going up your ALT bags wont sustain any pump they do get as people look to TP early. The only pump the Altcoin markets get will be less than 4 weeks long and you should consider selling up and waiting for the market to bottom.
There will come a time it makes sense but currently there are thousands of altcoin companies that are unning out of funds quickly as they have no business model other than raising money and nobody wants to give them money because all you are doing is buying a random guy a lambo if you invest.
Until al bad businesses have been weeded out, Alts will continue to struggle and only specific areas of Altcoins will do well like RWA and AI. Memes are fading away, yes there will be the occasional good one but overall, people are rekt from meme trading the past 3 months and everyone is looking for a quick way to get rich rather than building a long term plan.
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