According to reports, QCP Capital Analysis pointed out that the cryptocurrency market slightly declined due to the liquidation of over $100 million in BTC and ETH positions, but both remain above key support levels.
The market expects BTC to consolidate before December, with funds gradually flowing into ETH and other altcoins, causing BTC's market capitalization share to drop from 62% to 59%.
It is worth noting that MicroStrategy founder Michael Saylor hinted at further increasing his BTC holdings, and the market is generally focused on whether he can help BTC break through the $100,000 mark.
