The fluctuations of Bitcoin, the rhythm of altcoins.

Bitcoin continues to maintain a narrow range of fluctuations. Last night it pulled back to around 96,000, which is less than 4 points from the peak. So far, it aligns with what I said: "Bitcoin will first have a narrow range of fluctuations followed by a wide range of fluctuations."

Before pulling back to 90,000, I won't aim to break through the 100,000 mark. This trend of Bitcoin has been consistent with my script, and I have repeatedly mentioned it in the community; it’s almost an open secret.

Once Bitcoin's fluctuations and adjustments are completed and it starts to truly break through 100,000, it will signal the acceleration phase of this bull market. This is the most FOMO phase when outside investors rush in. The reason I've always said that Bitcoin won't break 100,000 at this time is that it needs to keep that level to attract new investors.

Ethereum and altcoins have not been idle; during this period of Bitcoin's fluctuations, they will continuously raise their levels. The rotation of altcoins and the narrative of the altcoin market are becoming increasingly clear to me.

After the MEME sector ends, it will rotate to established cryptocurrencies, followed by the metaverse and some DeFi projects, with stories of tenfold increases in ten days being commonplace. This round of old coins' rotation is not over yet; the old players who have endured for years need to cash out.

Old coins are just the appetizer for this round of altcoin season; the real protagonists of the altcoin season are quietly raising their levels. Each round of the bull market sees the crazy performances of altcoins during Bitcoin's acceleration phases.

Every time the market pulls back, what you see is fear; what I see is opportunity. While you study what to buy every day, I study how to maximize capital efficiency every day. First, learn the first step: overcome fear.