Any callback is a good opportunity to increase positions
Current Situation and Trend of Bitcoin
The price of Bitcoin is close to $100,000, currently around $97,000, with a slight recent pullback, but the overall trend is healthy.
Bitcoin's market share has declined, entering a cyclical adjustment phase. Recently, the market share has dropped to a new low, which may indicate a trend reversal, but we need to observe whether the rebound can form lower highs.
Market Direction
It is expected that in the next six months to a year, Bitcoin's market share may continue to decline, which is favorable for the development of altcoins. Altcoins may perform better in the market.
Ethereum's strength will affect the potential of altcoins
The healthy development of Ethereum is crucial. Ethereum's strong performance is a key factor for the performance of the altcoin market, and it is currently relatively weak, still oscillating at low levels.