According to Shenchao TechFlow news, on December 14, as reported by Cointelegraph, after Senator Lummis proposed the U.S. government's acquisition of 5% of Bitcoin's supply, Collective Shift founder and CEO Ben Simpson analyzed that if a strategic Bitcoin reserve is approved, the market is expected to become unstable, Bitcoin will rise, and then may fall back.
Regarding the current market situation, Ben Simpson believes that Bitcoin's dominance (a measure of Bitcoin's share of the total value of the cryptocurrency market) will 'begin to decline', and as Bitcoin starts to consolidate around $100,000 and altcoins begin to 'rise', the trend of the market 'rotating' to altcoins has actually already begun, but it should not directly enter what is known as altcoin season.
