It is indeed tricky subject. Personally I do believe that correction is coming as recent rise of cryptomarket is no doubt without precedent. Just like you have noticed almost all the coins went up, which creates this "strange" situation when basically everybody wins.
However, I also believe that we need to wait a little bit more for correction as currently a lot of people are still expecting it to happen (just like you). Corrections come when people are not expecting them. That is the beauty of it
However, I also believe that we need to wait a little bit more for correction as currently a lot of people are still expecting it to happen (just like you). Corrections come when people are not expecting them. That is the beauty of it
There was a precedent for altcoin rises, in spring this year, when Bitcoin was first making its moves up the charts. Almost every alt followed suit. Even Dogecoin reached above 130 sats, 4 times higher than today's 30+sats. That was when everyone thought alts would always go up together with Bitcoin, but then as the following months showed, Bitcoin continued to go up and left behind almost every alt, which only recently is trying to play catch up again.
So, not everyone wins anymore. Bitcoin people who diversified into alts are still losing, at the moment.
