It is also a way to interpret the outflow of funds. Conclusions are drawn from the comparison of the overall market capitalization and Bitcoin's price. Very good.

BTC, when it fluctuates by 91,000, the total market value of the cryptocurrency circle is 3.363 trillion. When it fluctuates by 97,000, the total market value is 3.3244 trillion. The price of BTC rises, but the total market value decreases by 100 billion.
This shows that around 90,000, there is actually a large amount of capital fleeing, already sold off. Currently, BTC is surging, just continuously drawing blood from altcoins; as BTC continues to rise, altcoins continue to fall because the available funds in the market can only support BTC performing alone.
Only when BTC consolidates and capital flees from altcoins will there be a chance for altcoins to rebound.
In this bull market, most people are confused, wondering why only BTC is rising while others seem to be dead.
Those who chased high into altcoins are not feeling good; if a large amount of capital leaves BTC and does not flow into altcoins, then this bull market will have little relation to altcoins.
There are no shares in the rise, and no one pulls in the fall.
So a few days ago, I kept saying, reduce positions in altcoins at highs, at least to do mobile stop-loss.
One more thing. With 100 billion in capital already fleeing, even if BTC consolidates, whether altcoins can reach this wave's previous high remains a question mark.
Tomorrow and the day after, Saturday and Sunday. Whether altcoins can dance wildly depends on this moment. $BTC #BTC再创新高97k