Continuous waterfall in the second half of the night, Bitcoin rises, altcoins fall, and altcoins begin to not follow the trend.
When Bitcoin rises, altcoins fall! When Bitcoin falls, altcoins continue to fall! This is a true reflection of the market in recent days, but everyone really doesn't need to be too nervous; as long as Bitcoin doesn't return to 30,000 points, this round of market will definitely not end. The current time point is just not the period for altcoin explosions.
This wave is similar to last month when Bitcoin broke 90,000 and reached new highs daily. Altcoins are not unwilling to rise; they are waiting for Bitcoin to break through the market cap ceiling. So after Bitcoin hit 100,000 last month, altcoins collectively took off, with many surpassing their previous highs from March this year. This wave of market is the same; although Bitcoin broke 108,000 last night, it is not a round number. Such new highs have become commonplace in the market, and they cannot even make it to trending searches. The market ahead can only excite retail investors and altcoin funds when it breaks through major thresholds like 110,000 and 120,000.