Don't panic, the altcoin market will continue!
Since Bitcoin's market cap share of altcoins reached a new high of 61% in recent years, it has encountered weekly resistance levels from previous years and is currently retreating as expected.
As the altcoin market continues to grow, Bitcoin's market cap share will inevitably be diluted by cycles, I believe this is a natural law.
My personal view is that the Bitcoin market cap share in this wave of market has reached its peak.
On a macro level, as the probability of interest rate cuts in December increases, the capital greenhouse effect in the crypto space will become more evident.
Therefore, I believe December will be the real explosion month for altcoins.
By then, sectors such as MEME, RWA, and blockchain gaming will fully enter a new stage of explosion.
Still, the same saying: holding onto your chips during this phase is the real secret to getting rich!