The price of Bitcoin has now reached 107,790, about to hit the second target level of 109,300. The total market capitalization of the entire cryptocurrency market has also reached 3.8 trillion, with Bitcoin accounting for 55.6%, which is 2.1 trillion. Currently, Bitcoin ranks seventh in the world, only 0.32 trillion away from sixth place, Google. There is reason to believe that it may surpass Google within this month.

Next, the opportunity for altcoins is about to arrive. In the past week, Bitcoin has started to gain momentum, pulling 95% of the market's liquidity, which has led altcoins to follow the downward trend instead of rising, with even ETH struggling to move upwards. This is a normal phenomenon, as there is no influx of external funds at the moment; all the funds are being driven by internal market activity. As Bitcoin approaches the 109,300 range, there will be a few days of consolidation. Let's see if, during this time, altcoins can seize the opportunity and embark on a strong corrective rally.