altcoins gonna suffer more
This is the index of the market cap of all altcoins (ETH included). With BTC going down it appears clear that altcoins will suffer and possibly breakdown this ascending channel.
Going below the 1T dollars market cap means many alts will be rekt and won't survive as most of the alts dumped already in the past months and are close to the point of no return. BE SURE you have the right bags and try to avoid buying alts. In this moment it's better to avoid buying anything if not stablecoins.
I coulnd't offload my bags bought months ago but the last fiat I've put into crypto it's all in stable staking, away from risks. Unfortunately the world's economy is crippled and cryptomarket is now too big not to be affected from this, until stock market goes down we can't see BTC going up and consequently altseason won't start.
Going below the 1T dollars market cap means many alts will be rekt and won't survive as most of the alts dumped already in the past months and are close to the point of no return. BE SURE you have the right bags and try to avoid buying alts. In this moment it's better to avoid buying anything if not stablecoins.
I coulnd't offload my bags bought months ago but the last fiat I've put into crypto it's all in stable staking, away from risks. Unfortunately the world's economy is crippled and cryptomarket is now too big not to be affected from this, until stock market goes down we can't see BTC going up and consequently altseason won't start.
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