About Bitcoin and the Current Market Landscape: Key Five Points, How Much Do You Understand?

The crypto market bull run is still gaining momentum, and you need to understand the following 5 key points:

1. Key Position: Due to massive selling pressure, Bitcoin faces strong resistance at $100,000, which is a psychological barrier for many.

However, once this point is broken, it opens the upward channel to $102,000 and even $120,000. We have seen Micheal Saylor and others purchase an additional $5 billion worth of BTC.

2. Bull Market Outlook: Historical indicators, based on the Pi top indicator, suggest that we are still in the early stages of a bull market, with 300-400 days of upward potential before a bear market begins.

3. Altcoin Season: Bitcoin's dominance is starting to decline, marking the beginning of a rebound for altcoins.

Ethereum and other large-cap coins have already shown bullish signs and are about to rise significantly.

4. $ETH/$BTC The chart maintains good support, indicating that $ETH will soon surpass $BTC, triggering more altcoin rallies.

5. Retail Investors: As more and more people talk about Bitcoin and altcoins, interest in cryptocurrencies is skyrocketing. Retail FOMO is forming, and we are entering the euphoric phase of the cycle $BTC .