The Bitcoin correction has arrived as expected.
In the last market cycle, Bitcoin corrected after a 22-day increase, while this time it started to correct after 21 days. In the last cycle, Bitcoin reached a peak of 45,000 U, then corrected to 30,000 U, enduring about 20 days to a month before it began to rally upwards.
However, during the volatile correction, Ethereum and altcoins started to gain momentum, showing a diverging trend, and BTC.D quickly fell back.
It is important to note that although both Bitcoin and altcoins are in decline, when Bitcoin rebounds, the altcoins tend to rise more sharply. Therefore, during Bitcoin's decline, Ethereum and altcoins are likely to experience a surge.
In my opinion, this indicates that funds within Bitcoin may begin to flow out.
Many Bitcoin holders may experience a shift in confidence, and as Bitcoin rises again after the correction, some funds will flow into altcoins.
Bitcoin will experience significant fluctuations and liquidations, while altcoins will also seize opportunities.
At this time, investment strategies should focus on those altcoins that have not yet risen but are supported by fundamentals.
