$ETH and SOL are following BTC's rise, and whether BTC can break through the $70,000 barrier is crucial!
Today's market fear and greed index has reached 72, a level that feels quite comfortable.
Unlike yesterday, SOL and ETH have started to make moves, with SOL's price breaking through $168 and ETH's price breaking through $2,700.
When these altcoin leaders start to take over, it usually means the market's focus will shift from BTC to altcoins, and the flow of funds will change accordingly.
This means that if $BTC cannot break through and hold the $70,000 level in the short term, it may face the pressure of a pullback.
But when BTC pulls back, ETH and SOL will take the baton of leading the rise and begin to gain momentum.
This is a typical pattern of the transition between BTC and altcoin leaders, and it is something we will repeatedly experience next year.
So, let's wait and see. When BTC rises, we hold our chips waiting for appreciation; when BTC pulls back, ETH and $SOL will take over BTC to continue the rise. We may be in the best of times in the crypto world.
The test of a bull market is not just the ups and downs of the market but more importantly, the test of our mindset. In the face of fluctuations in account funds, we need to remain calm and rational.