Today, BTC's dominance hit a nearly 2-year high, closing at 51.95%. At the same time, the 10-year U.S. Treasury yield hit a nearly 15-year high, about to break through the interest rate high of 5.28% in mid-2007.

There are two groups of people in the market: One group directly buys 10-year US Treasury bonds, earning a safe interest rate of 4.8%. They buy 10 million RMB equivalent to US dollars in 10-year US Treasury bonds, earning 480,000 yuan in interest every year. The interest on 10-year Treasury bonds is usually paid every six months, which means that they collect 240,000 yuan in interest every six months. After the end of the 10 years, the principal of 10 million yuan will be returned to you.

Another wave is worried about the pressure of high valuations of US stocks (including some altcoins with valuations of hundreds of millions of US dollars) under high interest rates; the minefield of US commercial banks + commercial real estate. They actively chose varieties with relatively low valuations of BTC to hedge asset allocation, and there are more institutional investors. These two groups are basically smart players in the market. Following smart people will not go wrong with a high probability! Oh, by the way, let me remind you of a data: the last time BTC's dominance peaked in history was 70%, which means that everyone was panicked to the extreme and replaced most of the altcoins with big cakes. And this time, due to the rise of the #ETH ecosystem, after our calculations, it is estimated that 60% should be the limit.

So 60% can be used as the best node for configuring altcoins (including #ETH ) with a high probability! #DeFiChallenge DeFi goes mainstream#DeFigoesMainstream