Sector rotation, the altcoin season is about to arrive!
Since Bitcoin's market capitalization share against altcoins reached a recent high of 61%, it has hit the weekly resistance level from previous years and is currently retreating as expected.
As the altcoin market continues to grow, Bitcoin's market cap share will inevitably be diluted by cycles, which I believe is a natural law.
My personal view is that Bitcoin's market cap share in this wave of market has reached its peak.
On the macro front, as the probability of interest rate cuts in December increases, the greenhouse effect of funds in the crypto circle will become more and more evident.
Therefore, I believe that December will be the true explosion month for altcoins.
At that time, sectors such as MEME, RWA, and blockchain games will fully enter a new phase of explosive growth.
Still, the same saying: keeping your chips during this phase is the true secret to getting rich!