From various signs in the market, we can see that we are still in the environment of the stock market, at least it is particularly obvious now. Most of it flows to Bitcoin, so we have recently observed the continued strong performance of Bitcoin, while other currencies need to pay more attention to whether they have hype expectations. This leads to an important question: the volatility of mainstream currencies is more driven by stock funds, while the rise of Bitcoin comes from the intervention of incremental funds (ETF).
In the future, it can be expected that altcoins will fluctuate repeatedly in a certain range, while Bitcoin is likely to fluctuate higher. As Bitcoin's performance gradually stabilizes.
Mainstream currencies will also begin to differentiate: those with hype expectations will attract more funds (MEME/AI sectors), while those lacking hype expectations may face the pressure of oscillating downward.
Therefore, the conclusion is that in the next period of time, Bitcoin will mainly fluctuate higher, while mainstream currencies will show obvious differentiation. Strong currencies may experience a correction after rising, while weak currencies will continue to fluctuate downward. The logical basis of this judgment lies in the distribution and flow of incremental funds and stock funds.
