$BTC With more and more corporate funds and national strategic reserve funds entering the market, it is highly likely that Bitcoin will break 100,000 yuan by the end of this month. The leading cryptocurrencies are repeatedly hitting new highs, and the resulting siphon effect is becoming increasingly prominent. Since most of the new funds are absorbed by BTC, altcoins are clearly lagging behind in the upward movement. Even if Bitcoin stays at a high level, most of the remaining funds will also be absorbed by ETH, SOL, SUI, BNB, and DOGE. For other smaller altcoins and meme coins to continue rising is even more difficult. In summary, retail investors should be very cautious when chasing new altcoins; entering at high prices is likely to mean either standing at the peak and enjoying the view or having to cut losses. Bitcoin must be dollar-cost averaged and reserved, and when buying altcoins, one must discern the value and prospects of the coins; it is better to miss out than to enter recklessly.