With the Federal Reserve about to announce interest rate cuts, the Bitcoin market is experiencing a frenzy in advance, with prices breaking through $107,700, reaching historical highs. However, market volatility is also intensifying. Whales and exchanges may take the opportunity to manipulate prices, leading to sharp fluctuations, which requires special caution.

Bitcoin's dominance has currently risen to 58%, indicating a high concentration in the market. However, this situation is unlikely to last long. Once Bitcoin takes profits at high levels, its dominance will begin to decline, and funds will naturally shift to the altcoin market. A similar situation occurred last November when altcoins experienced a strong rebound after BTC's correction.

Current market operations should be cautious. Avoid blindly increasing leverage, and taking profits in batches is an effective strategy to cope with volatility. At the same time, closely monitor the FOMC meeting results, as interest rate cuts may further stimulate market activity.

Altcoins are about to enter a performance window, but in the absence of stability in Bitcoin, maintaining patience and effective risk management is the most important task at present. #比特币冲向11万？ #市场全线看牛？ $BTC