The big pie is hitting new highs! Will altcoins continue to catch up? A red envelope at the end!

After experiencing the leap of BTC from 60k to 90k, the current market has reached a critical position touching the 100k node. In such a good market, it’s a mixed bag for everyone; those holding BTC are laughing out loud, while those fully invested in altcoins are in tears.

We see that at this position, BTC is at a historical high, yet there is no sign of a peak in trading volume or FOMO. In contrast, altcoins are under the double pressure of being drained and following the downturn, especially ETH, which continues to hit new lows in exchange rates, reaching the lowest levels in years.

So will altcoins come back? Definitely! Is it now? Certainly not. Looking at any historical cycle, altcoins need to start after BTC peaks and trades sideways without major adjustments. The current position clearly does not meet this standard. Therefore, with the support of interest rate cuts in the fourth quarter, the launch of altcoins might need more fresh content beyond memes to trigger an overall ALT explosion. So, for the second half of the bull market, let’s wait and see!

There’s a prize in the red envelope! Answer: Definitely.