#比特币 Year increase 99% but encountered obstacles before the Federal Reserve's decision—Altcoins take the stage
Bitcoin rose ~99% over the past year but faced resistance in the 114395–116833 range.
Altcoins are hot, accounting for 85.2% of futures trading volume, with Ethereum being the main beneficiary.
Traders remain cautious before the Federal Reserve's interest rate decision, suppressing Bitcoin's short-term trend.
Market observation #BNBChainEcosystemRally
Bitcoin: down 2.7% in 30 days but still strong for the year.
Altcoins: speculative activity is active, and open contracts have expanded, indicating a shift in risk appetite.
Macroeconomic factors: FOMC decision may become the biggest catalyst in the short term.
Su Ge's thoughts #FedRateCutExpectations
In the short term, Bitcoin appears hesitant in front of resistance levels, but the long-term structure remains strong.
More critically, altcoins are gradually gaining control of capital, which means:
If the Federal Reserve gives a dovish signal, Bitcoin is expected to break through new highs;
If it remains hawkish, the liquidity of altcoins may continue to attract capital.
