$BTC Bitcoin's market share has risen again, breaking through the high point on November 7. This is not a good thing for the altcoin market. The current market share is rising in the 8-hour Vegas tunnel, and the bullish trend has not changed. The surge in individual altcoins does not mean that the altcoin season has arrived - most altcoins have not yet broken through the high point in July, not to mention the high point in March.

But at the same time, the market share has been on a long channel, rising for a year and a half, and is currently at a large-scale resistance position. It is not very meaningful to look at the big cycle for short-term trading, but recently, Bitcoin has a more stable profit probability. There is no problem with shorting the market share (that is, there is no problem with expecting the altcoin season), but if you really want to do altcoins, I personally suggest that you wait for the long structure to be destroyed and the market share to fall below 58%, which is the time to do altcoins. At present, from the perspective of Bitcoin's daily line, the continuous small positive lines and the long real positive lines, the small negative lines with shadows are quickly recovered by the positive lines, and the two large positive lines on the weekly line all indicate that the bull market has arrived. It is okay to be bearish, but shorting is too risky, and it is easy to miss the opportunity to go long, so shorting is not recommended. I wish you all a smooth transaction #BTC冲破9万 #美国CPI公布后降息预期上升