🚨 Bitcoin's market share surges past 62%, altcoins enter countdown to death!? The market has officially entered a risk-averse mode!
📊 Latest market news: Funds are returning to mainstream, the crypto market is taking a defensive stance!
According to CoinMarketCap data:
🔸 Total market capitalization surpasses $2.5 trillion
🔸 24-hour trading volume: $154.5 billion
🔸 Bitcoin's market share skyrockets to 62.6%, a new high for this year
🔸 Altcoins are completely stalled, with extremely high capital concentration
🧠 My observations and analysis:
1️⃣ The market has clearly entered a "risk-averse mode," with hot money shrinking, flowing only to Bitcoin and a few leading coins
2️⃣ Trading volume is concentrated, rotation is stagnating, and small coins are basically ignored
3️⃣ High market share indicates weak market confidence, retail investors are exiting, and institutions are waiting to see
📉 The situation for altcoins is grim:
Now is not the time to add positions, but to think about how to "survive"
Most rebounds are escape waves, not starting points!
⚠️ My operational advice:
BTC/ETH: Gradually enter positions on dips, take it steady
Altcoins: Don't fight to the death, if you can run, then run, lock in profits when you can
If you want to make short-term gains, please use risk control as a safety belt and set a stop-loss!
💬 Remember this: Before market confidence returns, small coins will not rise first, they will only be left hanging.