Bitcoin has reached 97.8k USD, just one step away from 100k.

The more it rises, the more people talk about a big correction.

It has been said recently that there is currently no possibility of a deep correction.

The high sell zone near BTC10w. When it pulls back to 5k points, it may be the limit. Shorting here for hedging is a guaranteed profit.

If we want to directly sprint to 110k, it's prudent to wait for the price to pull back to 98,888 after reaching 101,600 before entering long, indicating that 100k has officially been broken.

If Bitcoin drops slightly after hitting a new high, then altcoins will collectively cry. The current market situation is very painful. Wall Street funds only buy Bitcoin, and American retail investors only buy on-chain MEME. Mid-tier altcoins are temporarily abandoned by the market.

When will altcoins welcome a turning point?

Although the current market situation is unfavorable for altcoins, there is still some hope.

If two of the following three conditions are met, we may see a resurgence in the altcoin bull market:

Bitcoin breaks 100,000 USD: And stays above 100k for at least two weeks.

Ethereum staking ETF approval: This will attract off-exchange funds to focus on the Ethereum ecosystem and other native assets.

Crypto regulation relaxation and innovation return: If the on-chain ecosystem welcomes a new wave of innovation similar to 'DeFi Summer', or even a few 'killer applications', investors' risk appetite may shift towards higher yield altcoins.

For the current market conditions, Sweet Girl is more optimistic about several sectors:

- Bitcoin-related sectors include inscriptions, runes, and projects like STX. The reason for optimism about these projects is Bitcoin's strong performance, and its value is likely to spill over to other projects in the Bitcoin ecosystem.

- Solana ecosystem sector includes tokens like $JTO, $JUP, $RAY, etc. The Solana ecosystem has strong support from major players and a prosperous development trend, making holding Solana very cost-effective, with expectations for these tokens to perform excellently.

- Meme sector includes lowercase Neiro, Goat, Hippo, and Pepe among other projects. The Meme theme is expected to run throughout the bull market. Although market enthusiasm will constantly rotate, discussions and attention on the Meme theme will be eternal. These projects have huge growth potential due to their unique cultural phenomenon and market appeal.