Don't panic, the altcoin market will continue!
Since Bitcoin's market cap share of altcoins reached a new high of 61% in recent years, it has hit the weekly resistance level from previous years and is now retreating as expected.
As the altcoin market continues to grow, Bitcoin's market cap share will inevitably be diluted by the cycle.
In my personal opinion, Bitcoin's market cap share in this wave has already reached its peak.
On a macro level, as the probability of interest rate cuts in December increases, the greenhouse effect of funds in the crypto space will become more apparent.
Therefore, I believe that December will be the true explosive month for altcoins.
At that time, sectors like MEME, RWA, and blockchain games will fully enter a new stage of explosion.
Still, the same saying applies: holding onto your chips during this phase is the true secret to getting rich!