There’s one more thing I forgot to tell you. The so-called alt season at the end of a bull run is actually caused by BTC dumping, which leads to panic, so it is exchanged for Ethereum and SOL. This is done to facilitate the dump because large sales of Bitcoin can cause panic, so it needs to be exchanged for ETH and SOL to maintain the sentiment.

Such a situation occurred in 2017.

#ETH走势分析 #Solana财库公司崛起

BTC1,18%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes