The current altcoin market has been suppressed for too long, and there’s a feeling that it’s about to explode at any moment. While writing this thought, Ethereum suddenly surged, and I wonder if this is the turning point for ETH/BTC.

Back to the main topic, let’s talk about Bitcoin's market share. I studied the last bull market when Bitcoin's market share started to decline during the rising phase. In the last bull market, Bitcoin's market share began to decline at 61% (Figure 1) and reached 52% at the peak of the bull market (Figure 2). Currently, Bitcoin's market share is around 59.2%. If we take a moment to analyze, it still declined by 8% during the bull market. Now Bitcoin's market cap is 14 trillion RMB, and 8% of that is roughly 1.1 trillion RMB, which would be enough to create a frenzy in the altcoin market. Moreover, I personally feel that we are not far from the altcoin market, maybe in 1-2 months. Especially with Bitcoin's recent crazy surge, the altcoins led by Ethereum have shown no profit effect, and many people are unable to hold on. However, I personally plan to continue holding the altcoins I have and do not intend to switch positions. Frequent switching during a bull market is particularly unwise, and besides, it’s not a good choice to switch from low to high right now. Just hold on tight.

Recently, I plan to ambush a potential coin that is ready to explode; doubling it should be quite simple. At the same time, I’m also looking for some potential coins to hold until the end of the year, expecting a space of over 10 times is not a problem. If you want to follow my insights, leave a message, follow, or like $SOL $BNB $XRP #NOT市场动态 #比特币关键区间 #GameFi板块信号 #PCE与美联储纪要公布在即