The current altcoin market has been suppressed for too long, and there is a feeling that it could ignite with just a little pressure. While writing this thought, Ethereum suddenly surged, and I wonder if this is the turning point for ETH/BTC.

To get back on track, let's talk about Bitcoin's market share. I studied the previous bull market when Bitcoin's market share began to decline during the rising process. In the last bull market, Bitcoin's market share started to drop at 61% (Figure 1), reaching a peak of 52% (Figure 2). Currently, Bitcoin's market share is around 59.2%. If we were to calculate hypothetically, it is still a decline of 8% during the bull market. Now, Bitcoin's market capitalization is 14 trillion RMB, and 8% is about 1.1 trillion RMB, which is enough to drive the altcoin market crazy. Moreover, I personally feel that we are not far from the altcoin market, maybe in 1-2 months. Especially with Bitcoin's recent surge, the altcoins led by Ethereum have shown no profit effect, and many people can no longer hold on. However, I personally plan to continue holding onto my altcoins and do not intend to change my holdings. Frequent changes in holdings during a bull market are highly discouraged, and besides, trying to sell low and buy high is not a good choice anyway. Just hold on tight.

Recently, I plan to ambush a potential coin that is ready to explode, doubling its value should be quite easy. At the same time, I am also looking for some potential coins to hold until the end of the year, and I expect a growth space of over 10 times is not a problem. If you want to follow my insights, leave a message, follow, and like $BTC $ETH $SOL #比特币盘整分析 #BNBChain生态MEME币发力 #比特币关键区间 #GameFi板块信号 #PCE与美联储纪要公布在即