This predicts the most likely trend:

Only when Bitcoin pulls back, will there be an altcoin bull market. It is important to understand that the logic of retail investors differs from that of institutions. Institutions may only recognize leading projects in the sector, so funds only rush into Bitcoin. However, retail investors are always looking for opportunities to overtake in a bend. This wave of Bitcoin's independent rally has led many altcoins to have a strong need for catch-up. Retail investors see this point, which is why they are putting their money into the altcoin market. This wave of altcoin catch-up is also equivalent to solidifying the foundation for Bitcoin to break 100,000, as this breakthrough is a result of both funds and emotions working together.

The best scenario is for Bitcoin to fluctuate at a high level, allowing Ethereum to take over and drive a group of altcoins to take off!

When Ethereum continues to rally, even if Bitcoin breaks the 92,500 support, it gives Ethereum room for a pullback. This can be considered a relatively good state for a bull market relay.

If the market only sees Bitcoin pulling up on its own, then retail funds may never catch up to Bitcoin, but altcoin catch-up will definitely attract retail funds to pursue, or attract retail investors to sell their already catching-up altcoins, thus providing emotional and financial support for Bitcoin's breakthrough. After Bitcoin rises, it can stop and wait for altcoins, and by continuously repeating this process, we can create the familiar altcoin bull market!