BTC hits a new high again, starting a solo bull market, a new round of bloodsucking, currently accounting for 56.6%, the market may need to consolidate after the high, and Sideways fluctuations will be opportunities for other currencies. The market's capital volume is limited, and the incremental impact brought by the last interest rate cut is close to the limit, only enough to drive BTC. Breaking the deadlock will require further interest rate cuts from the Federal Reserve, and there may be some movement on Thursday, when the market will welcome another upsurge, and the broader market and altcoins are expected to emerge.


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Recently, BTC has made small steps to rise, while altcoins have generally fallen. In fact, this also opens up the space for an upward trend, making it a good time to selectively establish positions. Ethereum has lagged behind in this bull market and has not reached the high point of the previous round. However, the selling pressure from Grayscale has been absorbed by new funds, and the entry of giants such as BlackRock has added buying power, indicating that Ethereum is poised for a breakout. Important data will be released in the near future, including sales data, current account data, the Federal Reserve interest rate meeting, GDP, PCE, etc., which is expected to trigger market fluctuations and provide good opportunities for long positions. It is recommended that investors pay attention to the low points, take profits at the right time, and grasp the upward trend at the high points. It is estimated that in a few days, altcoins will start a new round of rise. At this stage, hold onto the coins you have and avoid unnecessary exchanges. The best spot strategy in a bull market is to wait patiently, wait patiently, and make early preparations for a head start.
BTC0.64%
ETH-1.74%
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