ALTS/BTC Market Capitalization Rate Continues to Decline, Market Hot Money Still Not Paying Attention to Altcoins
Currently, the ALTS/BTC market capitalization rate continues to show a stable downward trend amidst the rise of Bitcoin, indicating that the funds in the market are still concentrated on Bitcoin, and the attractiveness of altcoins is relatively weak.
However, we are getting closer to our expected bottom area and the starting point for the seasonal rebound of altcoins. Therefore, I will continue to remain patient and wait for the right entry opportunity. It is expected that the market may welcome a new turning point after this week's FOMC meeting.
