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BTCBTC
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Analysis: The knockoff season may have arrived, but this time is different from the past

律动BlockBeats
律动BlockBeats|May 11, 2025 07:40
According to BlockBeats, on May 11th, analyst 2Lamroz believed that the peak season for altcoins may have arrived, but he stated that market dynamics have changed. People want to buy, but lack confidence in any strong narrative, "he pointed out. Unlike 2021, there are currently no signs of retail investors entering the market. Traders have a faster turnover rate of funds and have almost no incentive to hold long-term positions. Moustache, a technical trader, has a more optimistic view. He shared a chart showing that altcoins undergo repeated accumulation stages before experiencing explosive growth. According to its analysis, the current structure is similar to the situation in 2016 and 2020. The counterfeit coin season of 2025 has officially begun. However, there are still people who hold a skeptical attitude. Commentator Rekt Fencer pointed out that since December last year, most altcoins have fallen by 90%. The slight rebound of 10% this week sparked excessive optimism, prompting him to mock this rebound. This is the long-awaited golden age of altcoins. "(Cointelegraph)
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Timeline

Jun 10, 04:31【Bitcoin officially breaks through the 110000 mark】
Jun 10, 03:02【BTC breaks through 110000 with strong momentum, aiming for a historic high】
Jun 10, 02:21【Bitcoin breaks through the 110000 mark again】
Jun 10, 02:08【Hopim rebound completed】
Jun 10, 00:01【BTC is almost universally adopted by everyone】
Jun 09, 18:48【BTC rebounds to 108000】
Jun 09, 17:57【Bitcoin is rebounding】
Jun 09, 13:12【Bitcoin begins to rebound, breaking the downward trend】
Jun 09, 05:47【The rebound has ended, with a second round of testing for the pullback】
Jun 09, 04:33【ETH rebound ends, bulls need to wait】

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