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The altcoin market is becoming increasingly polarized.
There are many high top formation alts in the market.
For example, ADA JUP SHIB LINK XRP
Looking at the K-line, they all show a top structure, making me shudder.
There is also a clear top selling pattern for NEAR and AVAX.
If BTC cannot break a new high later.
The subsequent decline of these alts is truly unimaginable.
A small number of alts in the altcoin market have shown a bottoming pattern.
The market trends of a few alts are relatively independent.
For example: UNI AAVE BCH LTC LISTA CAKE etc.
Such a polarized market really gives people a headache.
Saying a bull market is not the same as saying a bear market.
We can only wait to see after BTC reaches a new high.
However, in the future, there may really be only a few coins with strong financial power that can reach new highs.
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