Spot trading got wrecked, and futures contracts blew up again. The crypto world is becoming increasingly difficult to navigate. Recently, many people have been saying that now is the bottom opportunity, but here’s the problem—BTC is almost breaking through $90,000, and the US stock market is also hitting new all-time highs. What if these two start to move in tandem downward? How much more room is there for altcoins to fall?



Actually, once you understand this logic, it becomes clear. Who in the crypto world doesn’t want to leverage small investments for big gains? Putting that capital into the US stock market is simply not meaningful. Since the core appeal of altcoins lies in leverage, the current situation is awkward—BTC is only at the halfway point, and altcoins are relatively lower.

The more I look, the more I feel that the altcoin sector might be gradually being marginalized. It’s no longer an absolute must-have. What are your thoughts?
BTC-0,46%
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
DeFiChefvip
· 01-22 04:47
Bottom opportunity? Ha, BTC is almost 90,000 and you're still calling it the bottom. I really can't understand this logic. Altcoins are becoming increasingly useless. Without leverage effects, there's no attraction. To put it simply, it's just a story that no one believes anymore. Rather than waiting for it to collapse, it's better to move elsewhere early to avoid being cut off.
View OriginalReply0
RektRecordervip
· 01-22 04:37
Scary, it's really not worth the effort to play altcoins now. The bottom is a joke, BTC is almost 90,000, how can you still leverage? That's really tough. Well said, altcoins are indeed not as attractive anymore, who still wants to mess around. After the futures blew up, I feel that instead of going all-in on altcoins, it's better to relax in US stocks. Still trying to buy the dip on altcoins halfway up the mountain, this logic is truly hopeless. I also think so, the era of altcoins might really be over. Spot trading blew up, futures also blew up, this wave directly broke the defense.
View OriginalReply0
OvertimeSquidvip
· 01-22 04:34
Bottom opportunity? Ha, BTC is almost 90,000 and you still dare to say it's the bottom. That logic is really brilliant. --- Contract爆单 leads to spot losses, altcoins are still falling, who can handle this? --- Instead of waiting for altcoins, might as well go all in on BTC directly, to avoid the hassle. --- Leverage effect is gone, altcoins have lost their soul, no wonder fewer people are playing. --- Exactly, now investing in altcoins is just asking for trouble. --- Then let's do that, switch to US stocks, at least no need to worry about liquidation. --- Crypto circle is not good, US stocks are not good either, I really have nowhere to go. --- The marginalization of altcoins is inevitable, who still foolishly shoves all-in on small coins? --- It's high time to wake up; the era of small bets with big gains is over.
View OriginalReply0
GasFeeBeggarvip
· 01-22 04:29
Bottom opportunity? Buddy, BTC is almost 90,000 and you're still calling it the bottom? Should I now buy that altcoin at 9 bucks? --- Contracts exploded, spot market crashed. Basically, we've been cut off. Still waiting for a rebound. --- The marginalization of altcoins isn't a recent development; it started long ago, just no one admits it. --- Looking at this logic, it's clear. The appeal of leverage is gone, so what’s left? Waiting in the sidelines for a double? Dream on. --- BTC at the halfway point, and altcoins are still cheap, but it's still a trap. That's the naked truth. --- What sounds good is a bottom opportunity; what’s less flattering is a recruitment fair for bagholders. I choose to pass. --- The era of gambling with small amounts to win big is over. Now it's just a casino, and we're gambling in a casino. --- This game of altcoins, it's really time to back off. The trend is right here.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)