The expectation of interest rate cuts by the Federal Reserve is approaching, and Bitcoin has reached a historic high of $107,700 ahead of time. Market sentiment is unprecedentedly high, but the accompanying uncertainty cannot be ignored. Whales and exchanges may take the opportunity to create volatility, leading to significant market adjustments.
Currently, Bitcoin's dominance has reached 58%, indicating that most market funds are still concentrated in Bitcoin. However, as Bitcoin's price stabilizes and profit-taking occurs, the opportunity for capital to flow into altcoins will gradually emerge. This pattern of capital rotation is not uncommon in the crypto market, especially after major market movements, where altcoins often have greater upside potential.
Caution is advised. Bitcoin has not yet stabilized, and high leverage operations carry extremely high risks; a slight misstep could lead to liquidation. Taking profits in batches and managing positions are key strategies for coping with market fluctuations.
Around the time of the FOMC meeting, the market may further amplify volatility, so it is important to pay attention to the meeting results and market reactions. Opportunities for altcoins are about to arrive, but patiently waiting for signals of Bitcoin's dominance weakening is key to successfully capturing market movements. #比特币冲向11万? #市场全线看牛? #BTC持续刷新高点 $BTC