Weekend market is relatively weak, Bitcoin has entered a consolidation period, and we should pay attention to opportunities in core altcoins.

As shown in the figure above, Bitcoin's market cap share has not continued to strengthen in the past two months, and strong altcoins have completed a wave of catch-up this month. The underlying logic is that as prices have surged significantly, Bitcoin's investment expectations have decreased. As long as a small amount of capital flows into altcoins, they can experience a significant rise.

In the previous downturn, I invested in AAVE, ENA, and DOGE, all of which yielded considerable returns. I also have key altcoins to focus on this round.

The first is still DOGE. The consensus on Dogecoin in the crypto community goes without saying, especially with Musk's support. As long as the bull market continues, the potential for Dogecoin is beyond imagination.

Another is Ethereum. Ethereum has been continuously questioned in this round of market movements, but it is important to note that, aside from Bitcoin, only Ethereum has an ETF. The initial decline was due to Grayscale's continuous selling, but the selling pressure has now been relieved, and inflows into ETFs have started to increase.

At the current position, spot trading can be laid out for ETH and DOGE. In terms of contracts, the market was unable to break below 92,000 yesterday due to the impact of the US stock market's sharp decline, and the support below is reliable. If it dips to 93,500, one can enter long positions from the left side. If it stabilizes around 95,000 on the 4-hour chart, one can also go long in line with the trend, targeting around 97,000.