BTC continues to be strong and breaks historical highs near 107,000

However, everyone needs to calm down and think about a few questions

If you understand, please like 👍➕ follow

The Nasdaq index in the United States 🇺🇸 has also hit a new high

But there is a serious problem that is a common issue

Severe polarization, the Nasdaq is mainly driven by technology stocks and some star stocks

The growth is astonishing, with many showing a yearly increase of 200-300%

Several tech giants like Nvidia, Apple, Microsoft, Google, etc.

Account for 46% of the Nasdaq index weight

The remaining 80% of stocks are just going through the motions!

After a year, even the Nasdaq index ETF can't keep up

The same situation is happening in the crypto space with BTC, ETH, XRP, DOGE, etc.

Market share exceeds 80%!

The remaining coins are also just going through the motions! Even if short-term funds come in

To hype up some individual altcoins, but after making a profit, they will quickly withdraw

The profits will either be exchanged for BTC or converted into USDT for other opportunities!

Many people still say that altcoins will see a frenzied season like in 2021 or before

What I want to say is that altcoin markets will exist, but they will also follow a sharp decline.