Currently, BTC is performing exceptionally strong, and breaking through the 100,000 mark is within reach.
However, whether the spring of altcoins can come again is still a question worth pondering.
From the current market situation, the trends of BTC and altcoins are no longer significantly correlated. In contrast, BTC's price movement appears to be driven by capital. Its rise has almost siphoned off liquidity from the market, resulting in the stagnation of altcoin performance.
Once BTC's price slightly adjusts, altcoins will face a significant drop.
Therefore, at present, the recovery of altcoins mainly depends on the stability of BTC. Only if BTC can continue to rise will altcoins have the possibility of following suit.
Overall, BTC's independent rise is attracting capital inflow into the market, while altcoins have the opportunity to welcome the next wave of increase only under the condition of BTC's stability.
