Cherish the days when Bitcoin is consolidating and altcoins are diving!

In the past couple of days, Bitcoin has been continuously breaking new highs, and Ethereum is also following suit.

The overall crypto market is steadily rising, with Ethereum and Ripple performing relatively strong, while other mainstream and major altcoins are generally being drained.

BTC is expected to continue consolidating around 100,000, consistently breaking new highs in a stable manner, but unfortunately, there isn’t much volume. If there isn’t significant volume to pull it up, it’s just being lifted through draining, so one should be wary of a pullback.

A slight increase and consolidation are quite similar; both are attempts to test the market. Once Bitcoin stabilizes and consolidates, funds will flow into other mainstream and major altcoins. However, during Bitcoin's upward movement, there hasn't been much volume, and looking ahead, the trend still has the potential to continue rising, with the possibility of stalling around 110,000 in the short term.