Boom💥
Briefly talking about the logic of bid selection, Fartcoin is because Pumpfun is expected to issue coins in anticipation of blood-sucking SOL ecology, Trump after the dinner news, I think it is good to pull up the shipment, and has been looking for opportunities to short, in addition, like Griffain, Goat, Chillguy, these are the bottom up several times, but this wave is not leading the rise but following the rise, plus the project itself continues to lack of driving force.
In addition, my short copycat must be low leverage, refer to the previous tweet.
This wave of the market makes me feel a lot like last March and April, when BTC broke through a new high of 73k in mid-March, then pulled back to 60k, and then returned to 72k in early April, but many altcoins entered a long-term downtrend after surging higher at the end of March. And this wave so far, it seems that many altcoins have seen highs at 5.10-5.15, and even if BTC hit a new high at 5.22, most of them have not returned to their highs.
The last wave of the most fierce WIF rose more than 10 times in a month, and this wave of stronger coins also performed similarly from the bottom, such as Moodeng 17 times, Fartcoin 8 times, Virtual 6 times, and many small and medium-sized copycats also rose 2-5 times, but judging from the sentiment of Twitter, everyone is still looking forward to the copycat season.
The reason for this is probably because of the separation of BTC and copycat performance, and the copycat season that everyone is looking forward to may be a comprehensive general rise opened by Bitcoin's new high as a clear signal, but the fact is that most of the altcoins have already gone before Bitcoin's new high, and the rest is just a continuous decline in Bitcoin's continuous shocks.
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