BTC vampire pump approaching 100,000, OK contract long-short ratio 0.5. BTC dominance reaches a new high of 61%, Altcoins plummet, MEME leading the decline.
In the current market environment, I believe that the optimal strategy for Altcoins is to focus on DCA (dollar-cost averaging) and accumulation. At this stage, Bitcoin (BTC) has a relatively high market share, and capital is concentrating towards Bitcoin, forming a "vampire effect". In this case, Altcoins have generally performed rather flat and have difficulty in generating independent market trends! They have also been oscillating and declining in recent days.
Don't be overly optimistic, there is only so much money in the market, when one side goes up, the other side becomes the fuel! Everyone knows how high the "fuel consumption" of BTC is!
In the future, the breakthrough point for Altcoins may appear after Bitcoin surges to a stage-wise top or experiences a significant correction. Especially when Bitcoin breaks through $100,000 and enters the high-price zone, some market funds may choose to take profits, which could lead to a decline in Bitcoin's market share, thereby providing an opportunity for Altcoins to rise.
Therefore, at the current stage, DCA and accumulation of Altcoins is a more stable choice. Accumulate positions during the market downturn and prepare for the potential Altcoin rally in the future. For those who missed the BTC pump, don't be anxious, think about those who shorted the entire bull market. Do you feel much better now?
About to Skyrocket: 4 Altcoins with Potential 100x Profits in the Bull Market!
FLOKI:
Recently, FLOKI has been gaining market heat as it was included in Coinbase's listing roadmap. Once Coinbase lists it, FLOKI's price may experience a big surge.
PNUT:
PNUT has the Musk concept behind it, combined with factors like the Trump election, which has attracted the attention of many investors. Although there may be some short-term volatility, PNUT still has a lot of speculative space at certain points.
LINK:
As a representative of blockchain oracles, LINK has a very wide range of applications. Its importance in the blockchain is comparable to the role of the internet for computers, so its long-term prospects are very promising.
DOGE:
Finally, DOGE, the globally renowned meme coin, cannot be ignored. It still has strong community support and market demand. If it continues to rise, its target of breaking $1 may not be a dream.
