There are two main challenges facing the current market: insufficient liquidity and lack of hot spots.
However, the core of the problem is actually liquidity. Once funds flow back, hot spots will naturally emerge.
Looking ahead to the fourth quarter and 2025, we expect liquidity to pick up, and with the upcoming election, the possibility of Bitcoin breaking through $100,000 during this period has greatly increased.
As for altcoins, external analysis points out that altcoins will only truly resume active performance when Bitcoin and Ethereum break through $70,000 and $4,000 respectively.