The performance of Bitcoin determines the performance of Altcoins. Bitcoin's market position is still very strong, although some Altcoins have started to rebound slightly, but this does not mean that the Altcoin season has arrived. The real outbreak of Altcoins usually has to wait until Bitcoin's performance reaches a peak, and funds will then shift from Bitcoin to Altcoins.
In the previous bull market, Bitcoin's performance was very strong at the end of 2020, until the beginning of 2021, when Altcoins began to usher in a big rally. If the development follows a similar pattern this time, the outbreak of Altcoins may have to wait until 2025.
How to judge whether the market is in a bull market?
How to judge whether the market has entered a bull market? A common market sentiment indicator is to observe the changes in the public's mentality. When many people in the market start writing "success memoirs", it usually means that the bull market is approaching its peak; while when many people start writing "failure reflections", this often signals the arrival of the bottom.
In the early stage of a bull market, investors may be excited about a 3%-4% daily increase, while in a real bull market, a 30%-40% increase is "commonplace". The rise of many cryptocurrencies is often no longer dependent on fundamental support, but purely driven by market sentiment, and even some seemingly illogical cryptocurrencies can rise sharply.
At present, the market has not yet fully recovered, but if you are already in this market, the feeling of a bull market may have already come. Next, I will share some operational strategies in the current market stage.
Layout 3 cryptocurrencies with 100x potential
1.SPEC
The current price of Spectral (SPEC) is US$18.23, with a 24-hour trading volume of US$151,825,851. The price has increased by 32.74% in the past 24 hours and by 90.75% in the past 7 days. The circulating supply is 14.10 million SPEC, and the market capitalization of Spectral is US$255,079,613.
Spectral Labs (SPEC) is revolutionizing the field through AI agents that can autonomously run on-chain, automating processes such as trading and decision-making. Mode Network is using AI to create automated crypto investment management tools, adding a new layer to the DeFi space.
2.HYPE
The current price of Hyperliquid (HYPE) is US$6.70, with a 24-hour trading volume of US$661,416,731. The price has increased by 71.78% in the past 24 hours. The circulating supply is 333.93 million HYPE, and the market capitalization of Hyperliquid is US$2,243,554,278.
HYPE is the native token of the Hyperliquid blockchain. Hyperliquid is a decentralized perpetual contract trading platform. Hyperliquid offers one-click trading and instant execution. For more advanced traders, the platform provides partial take-profit (TP) and stop-loss (SL) orders, as well as API support. Its native treasury is open to the community for market making and liquidation strategies.
3.XRP
The current price of XRP is US$1.88, with a 24-hour trading volume of US$19,995,291,754. The price has increased by 18.70% in the past 24 hours and by 21.70% in the past 7 days. The circulating supply is 57.05 billion XRP, and the market capitalization of XRP is US$107,207,626,405.
XRP is the native cryptocurrency of the Ripple network, and is one of the core technologies designed by Ripple to solve the pain points of the global payment system. Unlike traditional payment methods such as bank transfers and SWIFT, XRP provides a new solution for global payments through blockchain technology.
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