Dear all, the price of Bitcoin has now risen to 107790 and is about to reach the second target price of 109300.

The total market capitalization of the entire cryptocurrency market has also reached 3.8 trillion, with Bitcoin alone accounting for 55.6%, which is 2.1 trillion. Currently, it ranks seventh in the world, only 0.32 trillion behind Google, making it reasonable to believe that it may surpass Google this month.

In this way, the opportunity for altcoins is right in front of us.

In the past week, Bitcoin has entered a mode of accumulation and upward movement, withdrawing 95% of the market's liquid funds, causing altcoins to show a trend of following down rather than up. Even Ethereum has struggled to realize an increase, which is a normal phenomenon, as there is currently no inflow of off-exchange funds, only on-exchange funds are engaged in market manipulation.

After Bitcoin reaches the 109300 range, it is expected to have a few days of consolidation. Whether altcoins can seize the opportunity and spark a strong corrective rally is worth watching.