The rainbow chart clearly shows that the peaks of each bull market are gradually declining, and the peak of this bull market is expected to be between 135,000 and 160,000.
The current historical high for Bitcoin is 107,793. Recently, Bitcoin has begun to absorb liquidity from the market again, driving the price up.
At this stage, the overall market trend is to wait for Bitcoin to stabilize its price before experiencing fluctuations, and the net inflow of Ethereum's ETF needs to increase again to stop the selling pressure and push Ethereum to break new highs. Once Ethereum warms up and hits new highs, the season for altcoins will return.
