要約

When Bitcoin soared to$20k back in2017, altcoins exploded shortlyafter. January 2018 saw the altcoin market siphon the dominance away fromBitcoin. The cryptocurrency community was buzzing with hopes and beliefs that blockchain would soon take over the world. Everyone wanted a piece of the tokenization movement. But after thisboom, Bitcoin and altcoins took anosedive. And a lot of investors who eagerly jumped into the altcoin scene were stuck with sinking assets. Ceteris Paribus, a crypto trader who offers technical analysis on Twitter thinks the path that altcoins are on right now will not take them back to theirhighs. He refers to data from Messari that suggests altcoins will never return to their glory days. 10x to hit$100K. If $ALT‘s keep their ratio totime,130/165all-time high reached during the last cycle. The opinion that Altcoins may never recover to their highs, is popular amongst Bitcoinmaximalists. With ETH forexample, near its lowest ratio ever compared toBTC, many in the space are wondering if that was a once in a lifetimerun. The crypto trader and Blockstreamdeveloper,Grubles, warns that altcoin holders might be up to the river.

本文翻訳

When Bitcoin soared to $20k back in 2017, altcoins exploded shortly after. January 2018 saw the altcoin market siphon the dominance away from Bitcoin. The cryptocurrency community was buzzing with hopes and beliefs that blockchain would soon take over the world. Everyone wanted a piece of the tokenization movement. But after this boom, Bitcoin and altcoins took a nosedive. And a lot of investors who eagerly jumped into the altcoin scene were stuck with sinking assets. Ceteris Paribus, a crypto trader who offers technical analysis on Twitter thinks the path that altcoins are on right now will not take them back to their all-time highs. He refers to data from Messari that suggests altcoins will never return to their glory days. $BTC needs ~10x (930%) to hit $100K. If $ALT‘s keep their ratio to $BTC during this time, 130/165 (79%) will still be below their all-time high reached during the last cycle. The top 30 by mcap, and the % they would still be down from their high, are in the chart below. pic.twitter.com/N9j6Nkqmte — Ceteris Paribus (@ceterispar1bus) July 24, 2019 The opinion that Altcoins may never recover to their all-time highs, is popular amongst Bitcoin maximalists. With ETH for example, near its lowest ratio ever compared to BTC, many in the space are wondering if that was a once in a lifetime run. The crypto trader and Blockstream developer, Grubles, warns that altcoin holders might be up to the river. “‘Altseason’ was just a flash in the pan caused by Bitcoin miners delaying a protocol upgrade and massively profiting from altcoin mining. We’re now returning to 2013 where alts are effectively unused bad jokes like BBQCoin or PPCoin.” Even though it’s not exactly an unpopular opinion that alts will continue to sink compared to BTC, there are still plenty of altcoin believers. Altman’s contend that this is all a part of the ebb and flow of the cryptocurrency market. In fact, many traders think Bitcoin reaching 80% dominance is a signal that altcoins are about to run.

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出典：https://zycrypto.com/ethereums-next-big-upgrade-slated-for-2023-heres-why-its-super-bullish-for-eth/