2021-05-20 10:10:13
Crypto-bullran consists of 4 sequential stages:
BTC growth.
ETH growth.
Growth of violas with large capitalization.
The rise of low-cap altos.
The logic, I think, is clear: after profiting from large coins that become overheated, large players are switching to coins with smaller and smaller capitalization. For this reason, the dominance of the cue ball falls during the bull run, and the inevitable alt season comes to replace it.
On the eve of the current fall, what stage of bull run were we in? I am convinced that it is on the 3rd (growth of altos with a large capitalization).
May 2021 brought down the capitalization of the entire crypt from $ 2.5 trillion to $ 1.5 trillion.
Consequently, we rolled back in the bullrun phases.
Proof of this is not only the formal logic, but also the graph of the dominance of bitcoin BTC.D: yesterday it bounced off the level of 40% and grew to 46% in a day - such a growth in BTC.D has not shown since December 2020 (the moment when the previous ATH from 2017 and the 2021 bull run began).
The fact that we rolled back to phase 1 is good.
The market is unloaded, excess passengers are dropped. A new round of the altseason awaits us.
In general, do not panic, but use the first opportunity this calendar year to shop with a huge discount
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