Stay calm, the momentum of altcoins has not yet ended.
Since Bitcoin's market capitalization share reached a new high of 61% in recent years, it has hit the weekly resistance level of the past few years and has begun to decline as expected. As the altcoin market continues to expand, Bitcoin's market capitalization share will naturally be diluted periodically, which I see as an inevitable trend.
My personal opinion is that Bitcoin's market capitalization share may have already reached its peak in this wave of market movement. From a macroeconomic perspective, as the possibility of interest rate cuts in December continues to increase, the capital environment in the crypto space will become more relaxed, further stimulating market activity.
Therefore, I expect December to be the true breakout period for altcoins. So, don't panic, the altcoin market is still ongoing.
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