$BTC has once again broken through the $100,000 barrier, marking its seventh milestone this cycle. Meanwhile, other cryptocurrencies like Ethereum ($ETH ), Solana ($SOL ), and meme coins continue to struggle, with most still down 95% from their all-time highs.
Although some of these altcoins may experience brief 10% price surges, it's essential to see through the hype. After plummeting 95%, a 10% increase is hardly a recovery – it's merely a opportunity for investors to exit before the next downturn.
A closer look reveals that this market cycle is unlike previous ones. The narratives driving the market are shifting, and traditional patterns are no longer holding true. The market is no longer rewarding hype and speculation as it once did.
Bitcoin, on the other hand, continues to demonstrate its strength, leading the market like a champion. While it's not necessary to abandon all other cryptocurrencies in favor of Bitcoin, it's clear that BTC should comprise a significant portion of any portfolio.
In a market filled with noise, hype, and false hope, Bitcoin stands out as a reliable hedge and store of value – the digital equivalent of gold.
