Today, Bitcoin has surged to a new high again, causing some slight increases in other altcoins, but it quickly dropped again. Especially on those major trading platforms, almost all altcoins fell.

By evening, Bitcoin had slightly adjusted, and altcoins were being sold off frantically, with prices fluctuating close to a 10% variation. Now, the ups and downs of Bitcoin are practically the weather forecast for altcoins; when Bitcoin rises, altcoins benefit from it; when Bitcoin falls, altcoins suffer along with it.

Although the total market capitalization of the entire market has exceeded 3.9 trillion, Bitcoin alone accounts for over 57%, making it difficult for other altcoins to rise.

Ethereum is doing relatively better, but it hasn't escaped the impact of Bitcoin's decline. However, some institutions still have high hopes for Ethereum and have bought a lot of ETFs, believing it can reach new highs by the end of the year.

Currently, altcoins are essentially at the mercy of Bitcoin's fluctuations. Ethereum is also following Bitcoin's rhythm. Only when Bitcoin stabilizes at a new high will funds be willing to come in and push prices up; otherwise, all efforts are in vain.

So, we can only wait and see how the market develops and find a good opportunity to enter again. Although we might miss some small profits, we have successfully avoided the peak, which makes us winners.

Unless Bitcoin suddenly surges significantly, we still hold the advantage.

When to enter the market? That depends on the situation. Once decided, I will inform everyone in the group immediately.

PNUT is currently adjusting; the key is to buy slowly with patience. The JTO coin is waiting for us in the price range of 3.3 to 3.5; buying it will be profitable. RSR coin is now experiencing a secondary adjustment, and now is a good opportunity to buy in batches.

DOGE coin is fluctuating at a high price, but as long as it doesn't exceed 0.33, an increase is just a matter of time. In this bull market, Dogecoin might become the main player, potentially rising to 1 dollar, or even 3 to 5 dollars is not impossible.

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