Bitcoin is at a new high, and the main copycat has the same distress as you. Why doesn't your coin go up?

Let's play a role-play, at this moment you are the main force of a certain currency control disk, consider the following factors, you can know why the current overall market of the currency circle, is still outstanding, can you expect a lower price?

On the one hand, Figure 1, the contract funding rate, it can be seen that the rate of most copycat altcoins has reached an annualized rate of 100% or even higher, indicating that most retail investors, stimulated by Bitcoin and Ethereum breaking new highs one after another, are fighting the collective market of copycats;

In other words, most of the retail investors are crowded in the cottage car, at this time the pull plate is to lift the sedan chair, and at the same time pull up the high cost of capital; what is more "angry" is that the market is at a high level, and the potential risk of falling sharply is like a time bomb, a little bit of wind and grass, and the retail investors will go to the "active" stop-loss liquidation with high leverage, which is equal to white pulling; what needs to be done now is to convert the leveraged funds and floating chips that have been on the car into potential buyers in the future, rather than the current "swinger";

On the other hand, although the main forces know that every time the market breaks through the cycle ATH, the upward range is decreasing compared with the last time, but they still hope to be able to hold Bitcoin and Ethereum to prostitute the general trend of "no cost value-added", free is always the most exciting, at this time the copycat that pulls up the controlled disk is undoubtedly to increase the "opportunity cost" of the market to break through new highs and continue to rush;

Therefore, a better strategy is to wait for the market to retrace to a relatively safe position, so that the risk of the overall market will be released, and then the control of the copycat and the market trend "decouple", and at the same time, with the help of the fall, clean up leveraged funds and spot floating chips, so that the market can free up funds to receive copycat liquidity;

In the four-month copycat season that began in early January 21, Figure 2, the total3 exchange rate flipped with the high level of the broader market, and looking back at the recent AI sector, it was accompanied by the retracement of Bitcoin before the exchange rate of Bitcoin, which is also the same, Figure 3;

Therefore, for speculators, there are two strategies when the broader market breaks through new highs. The first is to wait for the copycat injection to reduce the overall holding cost, but the operation is difficult and the uncontrollable factors are large;