Last night, Bitcoin fell, but the altcoins didn't follow. Looking back at this round of market, we found that the altcoins didn't pull much as a whole. More often than not, the altcoins led two big players and had a small market and then ended. ETH never broke a new high, and Bitcoin led the way alone.

I think the main reason for this round of trend is that BTC and the current crypto market are still divided into two markets. The liquidity and funds brought by BTC since the ETF was passed cannot overflow to other tokens. In the seemingly prosperous market, except for Bitcoin, the altcoins behind it are still poor. This is why Bitcoin can consolidate at a high level, while the altcoins release floods. Bitcoin hits new highs again and again, and the altcoins still release floods.

It can be said that this round is Bitcoin's only bull, or that the so-called bull we expect has not actually arrived yet. At present, many altcoins are actually looking at ETH's face. Perhaps when ETH starts to break through, the bull we expect will really come.