Recently, the market share of BTC has continued to decline, trading volume has decreased, and market funds are shifting their focus more towards altcoins. Therefore, in the short term, the market will mainly be in adjustment, but after gaining momentum, there is hope for a challenge of 100k+ this month.
The logic behind altcoins has been analyzed multiple times. After the wave of compliant coins in the United States, altcoins from other ecosystems will have opportunities to perform, and currently, funds are starting to focus on the BNB ecosystem. So, it’s important to pay attention to the trends in other altcoin sectors.
In addition, previously high-performing meme coins are also worth noting. The current pullback has basically reached a suitable level for gradual positioning. Once the market wind blows towards meme coins again, they may face a higher explosion.