#BTC #ETH On June 2, I warned everyone that the recent massive bull run in U.S. stocks may be coming to an end—those who don’t understand the logic should reconsider carefully; SanDisk, Micron, SPAC, and SK Hynix have suffered the steepest declines, and these four stocks have previously wiped out countless crypto die-hard bulls, as their trading volumes and holdings in the crypto space are consistently among the top ten; When you add gold, silver, and the S&P 500 trading pairs, seven of the top fifteen holdings are non-crypto assets—followed by crude oil pairs. Doesn’t this seem alarming? This is precisely what I meant by the damage caused by stock market trading entering the crypto space and undermining altcoin liquidity; Of course, this situation requires a balanced perspective: for those still holding large amounts of altcoin spot assets, this is a devastating blow, as it means the already weak altcoin market will now completely lose the speculative bull run many still cling to; for traders, however, this is beneficial, as these flagship stocks are far easier to trade than alts; Therefore, if you’re still counting on buying a basket of altcoins and imagining a repeat of the 2020 altcoin bull run, it’s time to let go—because the fundamental landscape of crypto has changed dramatically, and any possibility of an altcoin bull market has vanished.