Why did #比特币 surge, but small coins stopped rising?

Return of main funds: The main funds in the current market are flowing back to Bitcoin, causing the price of #BTC to rise. This phenomenon is called "vampire alt", that is, funds are transferred from small currencies to Bitcoin, causing the price of small currencies to stagnate

Market sentiment:

Investors have increased confidence in Bitcoin and believe that it is a safer investment option, especially in the case of large market fluctuations. This sentiment makes funds more inclined to flow into #BTC☀ rather than small currencies.

Performance of small currencies

Delay in the alt season:

The market has not yet entered the "alt season" of small currencies. Analysts predict that when the upward momentum of Bitcoin weakens, the market will begin to pay attention to the performance of Ethereum (#ETH ) and other small currencies

Market adjustment: During the rise of Bitcoin prices, small currencies may experience a certain period of adjustment, and investors may choose to wait and see during this period, waiting for clearer market signals.

Starting point of the bull market:

Some analysts believe that October may be the starting point of the bull market in the cryptocurrency circle. It is expected that in the next few months, the market will gradually pick up, and the Bitcoin price may eventually reach the target of $100,000 by the end of the year.

Opportunities for small currencies:

Once the upward momentum of Bitcoin weakens, funds may flow back into small currencies, and the performance of small currencies may rebound at that time.

Summary

The strong performance of Bitcoin has attracted a lot of funds, while small currencies are temporarily on the sidelines. With the further development of the market, especially after entering the bull market, opportunities for small currencies may gradually emerge.