Yesterday, many altcoins were in a downturn, but don't panic; the altcoin market will continue!
Since Bitcoin's market cap share of altcoins reached a recent high of 61%, it has hit the weekly resistance level from previous years and is currently retreating as expected.
As the altcoin market grows larger, Bitcoin's market cap share will inevitably be diluted by cycles; I think this is a natural law.
My personal opinion is that Bitcoin's market cap share in this wave of the market has already peaked.
On a macro level, as the probability of interest rate cuts in December increases, the greenhouse effect of capital in the crypto world will become more evident.
Therefore, I believe December will truly be the month of altcoin explosion.
At that time, sectors such as MEME, RWA, and blockchain games will fully enter a new phase of explosion.
Still the same saying: in this stage, holding onto your chips is the real secret to wealth!
In the current fluctuating market changes, blindly going solo will never bring opportunities. Pay attention to the Emperor, spot trading, timing your layout, strategy, and Wu Chang's announcements.
