Don't panic, the altcoin market is still ongoing! Since the market capitalization of Bitcoin reached a new high of 61% in recent years, the current pullback is increasingly approaching the scale of the altcoin market compared to the weekly resistance levels of the past few years. This adjustment in market capitalization is actually a natural manifestation of Bitcoin's periodic fluctuations; I believe this change is a result of market laws.
Currently, Bitcoin's market capitalization activity is nearing the macro top, and as the expectation for interest rate cuts in December becomes stronger, the overall capital effect in the cryptocurrency circle will become more significant. Therefore, I believe December will be the true moment of explosion for the altcoin market. At that time, sectors such as MEME, RWA, and blockchain games will fully enter a new phase of growth.
I haven't shared this chart for a long time, but the same old saying goes: the most important strategy in this phase is to hold onto your chips, be patient, and that is the true way to accumulate wealth!
5 years of experience in the cryptocurrency circle; feel free to consult on any questions. For those who want to progress together in the chat, check my bio.