BTC is now looking at the support around 100,000

25/06/20 BTC 5-week doji star, altcoins polarized, most will eventually go to zero
In a mature financial market, whether it's the US stock market, A-shares, or others, when it moves towards stability and maturity, it is basically impossible for all to rise together; it's all about polarization, like the seven golden flowers of the US stock market, Hong Kong stocks, and A-shares.

Cryptographic assets have experienced early unregulated wild growth. The bull markets of 2017 and 2020 saw altcoin seasons based on the limited variety of the entire crypto market. However, in the past two years, the number has increased by tens of thousands or even hundreds of thousands of times. The market cannot have enough funds to drive all the increases, and with the current stablecoin market being exceptionally hot, more funds will not casually invest in high-risk varieties. The US stock index has a century-long rainbow, with seven golden flowers, but many penny stocks are just a mess. Especially with traditional financial giants like BlackRock entering the market.