The current market dynamics show a trend: the main force first pushes Bitcoin (BTC) upward, and capital flows back to this digital currency leader, while other small or non-mainstream currencies seem to be "bleeding" in the process. When Bitcoin's upward momentum seems weak and it is difficult to continue to climb, the market direction quietly changes, ushering in the so-called "altcoin season", when Ethereum (ETH) begins to emerge, leading a number of small currencies to become active, and the market is diversified and prosperous.
Please be patient. According to current analysis, October may be the starting point of a new round of bull market cycle in the cryptocurrency market. During this period, we can expect to see small daily growth, and there may be sharp short-term pull-ups and subsequent slight corrections. As for the peak of the first wave of offensives, the market generally predicts that the price of Bitcoin is expected to reach a new high of about $90,000 by the end of the year. However, the market is always full of variables, and the specific trend requires our continued attention and analysis.