Bitcoin (BTC) has successfully broken through the significant barrier of 90,000!
Looking at the current market situation, it feels like we are not far from 100,000.
What’s happening in the market now?
It’s that Bitcoin is surging up, attracting the entire market's attention, and a lot of funds are flowing into Bitcoin.
Then, Bitcoin will pause and start consolidating, as if taking a breather. At this point, those funds begin to slowly flow towards other altcoins, pushing the altcoins up as well, making up for the parts that haven’t increased enough.
This situation usually occurs after Bitcoin's market share declines, and looking at past situations, it has a certain pattern and shows periodicity.
Generally speaking, if Bitcoin's trend is particularly strong, it often indicates that good opportunities will arise for altcoins later.