I don't know if you've noticed, but the market is completely decoupled now:
When Bitcoin goes up, altcoins don't follow; when Bitcoin goes down, altcoins don't really follow either. Recently, many altcoins have started to emerge, especially the old-timers like $XRP ADA HBAR CRV IOTA ONDO. This is actually the phase of bleeding out. Bitcoin is consolidating at a high level, and liquidity will slowly move to altcoins and the second-tier.
There isn't much to say about Bitcoin anymore; the current position is too high. As long as there's a pullback, it can enter the market! After all, there is strong support there, and MicroStrategy's cost is around 88k, and they just invested another $1.5 billion around 95k a couple of days ago.
Most people are probably focusing on altcoins now, so let me share my views:
One clear signal is that last Friday, the ETF inflow for the second-tier exceeded that of Bitcoin. Bitcoin is getting more expensive, and only institutions can play it, so the target is set on the second-tier ETH. A strong second-tier means even stronger altcoins, and altcoins will also launch ETFs next year. Currently, the most promising one seems to be SOL.
Additionally, it's about position control and management. Whether in spot trading or anything else, make sure not to act recklessly. The market is getting better, and we need to operate steadily and effectively to increase our returns.
Finally, I suggest everyone pay attention to the latest data in the circle daily, such as the ETF trends of the top and second-tier, especially focusing on the funding trends of the second-tier recently.
