Bitcoin is just one step away from the $100,000 milestone, with market volatility becoming increasingly intense. It is clearly observable that as Bitcoin approaches this milestone, other cryptocurrencies are gradually starting to perform. Ethereum surged over 300 points in a single day yesterday, with an increase of over 10%, driving other coins to rise; this linkage effect is undoubtedly a positive signal. So far, Bitcoin has strongly broken through $99,000, reaching $99,347, making it seem that breaking $100,000 is already a foregone conclusion for this month.
Looking back, such market conditions remind one of the bull markets in 2017 and 2020. At that time, Bitcoin also attracted a large amount of market funds, displaying strong dominance, while the responses of other coins were relatively lagging until Bitcoin's dominance actually loosened, leading funds to start flowing into other coins, thereby driving market rotation. Seeing Bitcoin 'sucking blood' now while other coins temporarily perform flat, I think the concerns have been excessive; it's best to wait patiently for the right moment for fund rotation.
At the same time, BNB seems to be gathering strength. Although the current increase is relatively moderate, the hidden momentum behind it cannot be ignored. I have always had a hunch that BNB is brewing a major breakthrough. The current stable performance may be to accumulate momentum; once conditions are ripe, it is likely to usher in a wave of strong breakout. For the current market, patience and strategy are extremely important.
As Bitcoin is about to hit $100,000, the long-silent Ethereum has also welcomed a strong rebound. Yesterday it surged over 300 points, with an increase of over 10%.
Three major cryptocurrencies to consider before the arrival of the altcoin season!
BONK
BONK is the best-performing Memecoin in the Solana ecosystem. Data shows that when $SOL rises, BONK typically increases by about 4.5 times that of SOL.
In the market where SOL is rising, the price increase of $BONK is extremely exaggerated, becoming the focus and preferred target of speculators, reflecting its high volatility and the appeal of short-term speculation.
With SOL breaking through key revenue points and Solana's strong position in the Memecoin field, BONK's market performance deserves high attention and may become one of the highlights in future market conditions.
APT
Last night, Circle officially announced the launch of USDC on the Aptos blockchain in collaboration with Stripe, which also plans to integrate Aptos. This cooperation highlights the potential of the Aptos blockchain in the fast, secure stablecoin trading and commercial application field.
Aptos has received recognition from several well-known institutions, including Circle, Stripe, Tether, eHKD, Franklin Templeton, and Aave, injecting strong trust endorsement into its ecological development. In the financial and payment sectors, Aptos has demonstrated advantages that are difficult for other public chains to match, with its advanced technical architecture and strong application foundation, combined with widespread institutional support, laying a solid foundation for future continuous rise.
OP
Optimism (OP), as the leading Layer 2 project in the Ethereum ecosystem, is often seen as a barometer for Ethereum's altcoins. Currently, many L2 projects, such as Base and Sony, are adopting chains based on OP technology.
For every user transaction that occurs on these chains and generates revenue, OP will earn points. This model gives OP continuous profitability, thus having the potential to become a significant whale within the Ethereum ecosystem. If conditions allow, OP can intervene at any time to recover its tokens. This not only optimizes the token economic model, but may also further stimulate enthusiasm in the ETH market, driving broader ecological growth.
