Last night the US markets were closed for Thanksgiving, and today is Friday with only half a trading day. Adding Saturday and Sunday, this means there is nearly 4 days of US stock market inactivity. We all know that Bitcoin's main force now is US institutional investors, and I predict that during this 4-day trading gap, Bitcoin will not break through 100k points, so the breakthrough will be a matter for next week.
However, these days are a great opportunity for altcoins to rise, as the market will not break upwards or decline. This kind of stable market is the most suitable for altcoins to catch up, of course, this premise is that tonight's Bitcoin and Ethereum spot ETF fund inflows are normal, with no black swan events. If everything goes smoothly, I expect the altcoin market this Saturday and Sunday to be quite good, and there is even a chance to return to last weekend's highs.
Altcoins are rapidly rotating with Bitcoin's fluctuations, and today Binance's new coins Twin Stars ACT and PNUT had a nice rebound. I recommended these a few days ago.
