In the past few days, the market has experienced a strong sell-off. Many people are already at their emotional breaking point, and the previous gains have been completely wiped out in one go. Many are panic selling and emotionally collapsing. But I want to tell you, this wave is very likely the "last washout".
The decline in the market is fundamentally not due to technical factors, but rather news factors. Geopolitical conflicts and negative public opinion are just smokescreens; the big players are taking advantage of this to wash out positions and quickly clear out high-leverage chips. The essence of the market hasn't changed; the structure remains healthy. Many altcoins have already been driven down to near their central points, with clean chips and basically no profit-taking positions. This stage is precisely where large funds prefer to enter the market.
Why do I confidently tell everyone: the altcoin season will definitely come? Because the market has already given enough signals. Bitcoin has entered a high-level consolidation period, and there are a large number of arbitrage positions in the 100-110k range. The main players will not rush to break through but will choose to slowly accumulate. In this process, Bitcoin continues to release liquidity, tilting towards Ethereum.