The market cap of Bitcoin remains high, and altcoins still need time!!!
Bitcoin, Ethereum, Solana, and other altcoins show a clear trend; Bitcoin is still the strongest. More funds are concentrated in Bitcoin, unable to spill over into altcoins, and even Ethereum is no exception. Thus, the market is struggling in the altcoin sector.
The market cap of altcoins continues to decline, making it hard to compare with Bitcoin's market cap, and the exchange rate keeps hitting new lows. This situation is likely to persist unless liquidity increases significantly, which may require the Federal Reserve to cut rates multiple times, along with the possibility of ending QT in the first quarter.
Then, with new quantitative easing arriving, that would be the true bull market for altcoins. Perhaps we won't have to wait too long from this moment.
In the short term, it remains strong, as expectations for Trump's election have not faded. Tonight, we need to watch the response of the U.S. stock market, and currently, U.S. stock futures are in a strong upward state, providing support for Bitcoin's price pullback.
So we keep saying the bull market is not over yet; this is another beginning. Next is a Bitcoin price of $100,000, which will happen in this round of the bull market. Just be ready with your chips.
As always, bulls have their strategies, and bears have their methods. Next, I plan to position some potential coins that are ready to explode; doubling your investment should be quite easy.
At the same time, I am also looking for some potential coins to hold until the end of the year, with an expected space of more than 10 times being quite possible. If you want to join in, then observe the main movements and share without charge.
