The current crypto market is in the "metal season," with mainstream tokens strong and alts relatively weak.

[Coin World] Recently, there has been an interesting observation - the current market is not at all an altcoin season, but rather a “metal season.” Major coins like Bitcoin and Ethereum continue to hit new highs, making the entire mainstream token camp quite eye-catching. In contrast, most alts seem a bit dull and their rise is not keeping pace with the rhythm of mainstream tokens.

What does this mean? Market risk appetite is returning to rationality, and funds are more inclined to flow towards projects with solid fundamentals and high consensus. As long as Bitcoin and Ethereum remain strong, it will be difficult to see a collective explosive performance from alts. At this stage, those entering the market seem to be picking the hardest assets, rather than betting on those concept coins.

BTC-1,14%
ETH-1,12%
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BetterLuckyThanSmartvip
· 12-24 15:04
The market is basically like this: Bitcoin and Ethereum are疯狂 eating up chips, retail investors are still hoping for altcoins to turn around... Wake up, everyone. --- The "metal season" term is okay; anyway, my altcoin portfolio has already laid flat. Watching mainstream coins soar is really painful. --- That's right, now is the time to test the fundamentals. Those air coins should have cooled off long ago. --- Wait, isn't this just the law of a bear market... Every time, the leading coins surge first, and altcoins have to line up. --- The bad news is I am fully invested in altcoins; the good news is I am still alive, hahaha. --- The logic of funds flowing into hard assets is actually quite reasonable, but I can't justify my losses. --- Why does "metal season" sound like talking about precious metals... Forget it, anyway, they are all cutting me. --- Wait a bit longer; historically, before the arrival of the altcoin season, it's always been this rhythm. It will be another world then. --- How long will the mainstream coins continue to crush altcoins in this wave of行情? How much longer do I have to wait?
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SilentObservervip
· 12-23 18:22
The term "metal season" is quite interesting, but to be honest, it’s still not the time to buy the dip in alts. Wait, isn’t this just a manifestation of risk aversion? Isn't it enough for funds to flock to mainstream tokens? BTC and ETH are hitting new highs again, why haven’t those small coins in my hands moved yet? Mainstream tokens are strong, but I still believe there will be a rebound opportunity; alts won’t stay dormant forever. This wave is just Large Investors accumulating; once the wind changes, those small coins will take off again. That said, it really feels a bit risky to enter the market and buy these concept coins now; it’s better to hold onto mainstream tokens for stability.
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