Three Key Factors for Altcoin Explosions:

Bitcoin Market Share Decline: Currently, Bitcoin's market share is about 58.54%. If the market share can hit a new low and fall below the 55-57% range, it will provide better upward space for altcoins.

Ethereum Strengthening: Ethereum needs to break free from its dependence on Bitcoin and establish an independent market trend. Once Ethereum breaks through $4,000, it could trigger a larger market reaction.

Federal Reserve Enters Rate Cut Cycle: This factor has basically been met, providing a favorable macro backdrop for the market.

Market Trends of Bitcoin and Ethereum:

Bitcoin's market share is still in a correction phase and has not yet bottomed out. If it can hit a new low, it will further stimulate the market performance of altcoins.

The valuation of Ethereum against Bitcoin is close to historical lows and should not fall below 0.03; a rebound opportunity is not far away.

DYOR

The exchange rate of Ethereum against Bitcoin may hit a new low during this wave of Bitcoin breaking $100,000. The valuation could drop to 0.031 or 0.032, and at this level, switching to Ethereum could capture the gains from Ethereum's later explosion.

$BTC57.19

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