As the Federal Reserve is about to announce interest rate cuts, the Bitcoin market is experiencing a frenzy, with prices breaking through $107,700, reaching historical highs. However, market instability is also intensifying. Whales and exchanges may take the opportunity to manipulate prices, leading to significant fluctuations, requiring special caution.

Bitcoin's dominance has currently risen to 58%, indicating a high concentration in the market. However, this situation will not last long. Once Bitcoin takes profits at high levels and its dominance starts to decline, capital will naturally shift towards the altcoin market. A similar situation occurred last November, where altcoins saw strong rebounds after BTC corrected.

Current market operations need to be cautious. Avoid blindly increasing leverage; taking profits in batches is an effective strategy to cope with volatility. At the same time, closely monitor the FOMC meeting results, as the implementation of interest rate cuts may further stimulate market activity.

Altcoins are about to enter a performance window, but in the absence of stability in Bitcoin, maintaining patience and proper risk management is the most important task at hand. #比特币冲向11万？ #市场全线看牛？ $BTC