Some significant changes currently occurring in the crypto market

The judgment of the BTC trend is that the traditional four-year bull and bear cycle is no longer in place, replaced by a super slow bull market over a 10-year cycle.

1. Two large holders, MicroStrategy and ETF, collectively hold 1 million bitcoins. From a drop of 110,000 to over 70,000, 95% of their BTC is held, clearly indicating their intention to hold long-term as a hedge against inflation. This is the main reason why it is unlikely to drop below 70,000 in the short term.

2. All technical indicators support a 50% drop in BTC. Altcoins are at their ankles, yet BTC is not falling. If it doesn’t drop, it must rise; the bull market is not over yet.

3. The CEO of BlackRock stated that the next 10 years will be a net adoption period for Bitcoin. Various institutions have very low Bitcoin positions, averaging below 1%, and are slowly accumulating on dips, which aligns with the inference that the bull market is still ongoing.

4. BTC has risen little in this bull market, and it naturally falls less during corrections. This is the type of Bitcoin that Wall Street hopes to see, resembling a slow bull market like the U.S. stock market.

5. Bitcoin should be able to reach 200,000 this year.

6. The essence of the altcoin bull market is purely driven by capital. Investors profit from Bitcoin, sell at high prices, and the capital has nowhere to go, flooding into altcoins and new coins with low price pressure and minimal rise. However, this time when Bitcoin rose to 110,000, profits were less than before, so less capital flowed into altcoins, resulting in last year's altcoins jumping briefly before turning bearish.

7. It can be anticipated that when Bitcoin rises to 150,000-200,000, capital will continue to enter altcoins after high-position liquidation, driving altcoins to form a bull market as in the past.