The dawn of altcoin market is still here, holding onto chips waiting for the light
Do not panic, the flames of the altcoin market have not yet been extinguished, and will continue to burn!
The market capitalization ratio of Bitcoin relative to altcoins has been rising steadily, reaching a new high of 61% in recent years, while also hitting the strong resistance barrier at the weekly level from previous years, thus initiating the expected pullback trend.
With the continuous expansion and growth of the altcoin market, Bitcoin's market capitalization ratio is gradually being diluted due to cyclical influences. In my opinion, this is undoubtedly an inevitable trend in the development of the market.
In my view, the market capitalization ratio of Bitcoin in this round of market has already reached the top area.
From a macro perspective, the possibility of a rate cut in December is increasing day by day, which will construct a greenhouse for funds in the crypto circle, and the effect of capital inflow will become increasingly significant.
Therefore, I firmly believe that December is the key month for altcoins to truly usher in a major explosion.
By then, vibrant and potential sectors such as MEME, RWA, and blockchain games will fully enter a brand new phase of explosive growth.
It has been a long time since I displayed such charts, but the core points have always remained unchanged. At this critical stage, firmly holding onto the chips in hand is the true secret to unlocking the door to wealth!
