At present, the funds in the market are mainly focused on BTC. Once a new high is broken, it is expected to enter a period of sideways fluctuations, and then some funds will flow back to the altcoin market, driving the altcoin rebound and finally achieving a balanced distribution of funds.
So, why is the market polarized now? This actually shows that after the last interest rate cut, the market's capital volume has grown to a certain extent, but it is still not enough to support the simultaneous rise of BTC and altcoins.
In other words, the market's liquidity and capital allocation have not been fully covered, resulting in funds being mainly concentrated on BTC, while altcoins have failed to keep up.
To break this situation, the Federal Reserve needs to further implement interest rate cuts and deepen loose monetary policies to stimulate market liquidity and further injection of funds. It is expected that the monetary policy adjustment after Thursday this week may bring a "spring rain", bringing more capital injection to the market, thereby promoting the flow of funds to altcoins.
As for the current pullback of altcoins, from another perspective, is this also an opportunity to cover positions before the next rebound?