I think Bitcoin still has to have the fifth wave of increase, and in the end, this wave will reach the peak and might create a new high. If it turns bearish now and drops below $110,000, then altcoins are likely to drop to new lows. Many altcoins have already fallen to last year's bear market lows, and if they drop further, they might not wait for the bear market to come before going to zero.

The US just revised the data, and the probability of an interest rate hike in September has risen to 90%! There hasn't even been a shadow of rate cuts yet. There are many pitfalls in a bull market, so don't be scared by small fluctuations.