After Bitcoin and Ethereum break through to a certain height and stabilize, funds will definitely rotate, as capital seeks profit and is not swayed by personal will. When large funds rotate, there are actually not many options for targets. Therefore, assets like XRP, DEGE, ADA, LINK, SHIB, UNI, PEPE, etc., will be re-matched according to safety and the prices achievable based on the current narrative. Temporarily undervalued assets will quickly be filled with funds for a wave of price increase.
As the quote says, after the CPI data stabilized tonight, market sentiment gradually calmed down, and the panic caused by the non-farm payrolls has basically been completely diluted. At this time, altcoin whales might make small-scale tests, for example, pulling up 20%-30% first to see if anyone follows along to raise the price. If market sentiment is good and more people join in, they will directly initiate a rally; if fewer people join, the whales are also afraid of losses and will abandon their holdings to wait for the next wave. However, as the interest rate cut points get closer, the opportunity cost of abandoning holdings also increases, as giving up this time may mean missing out next time.
With Ethereum entering the ETF camp that was originally dominated by Bitcoin, the title of altcoin leader may be passed on to SOL. The logic is actually simple; a bunch of altcoins without independent narratives or market movements may not differ much, so the biggest one among them is the leader, giving a sense of pulling a general from a bunch of losers.
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