It's a tale of two extremes!
Bitcoin continues to hit new highs and remains a constant trending topic, yet the market is filled with contradictions:
Those holding Bitcoin are cheering, while those holding altcoins are crying.
Currently, Bitcoin is steadily rising: the daily and 4-hour charts show strong upwards trends with no obvious signs of a peak. Short sellers repeatedly adding positions have caused the price to rise further, and the funding rate continues to decline, even briefly reaching negative values.
Meanwhile, altcoins are experiencing a complete collapse: BTC's dominance rate has risen to 61%, with institutions leading the buying of Bitcoin, while altcoins are almost ignored.
The previous 'BTC-ETH-altcoin' rotation logic has yet to manifest.
