$BTC Market Environment Analysis
Overall pullback pressure is significant. Except for ETH, most altcoins have recently experienced considerable adjustments (generally a pullback of 10%+), especially Meme coins and small-cap projects that had previously seen high increases.
Due to regulatory policies in certain regions, high-risk sectors (such as Meme coins) are the first to be impacted, and a sudden drop in liquidity has intensified selling pressure.
There is strong sector interconnectivity: The altcoin market exhibits characteristics of "all rise together, all fall together