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#BTC This morning, BTC successfully rose to $99,000, with only a few hundred dollars away from the $100,000 mark. Many people say that this bull run of BTC will just pass the $100,000 mark, but I don't think so. Although the FOMO sentiment in the current market is spreading, and the panic greed index has reached the extremely greedy range, there is a need for a short-term correction. However, I still believe that $100,000 is just the beginning, and the truly spectacular and violent bull market will officially begin next year.
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#ETH Current SEC Chairman Gensler announced his resignation on X yesterday, stating that he will step down on January 20th next year. In response to this news, ETH and some altcoins saw a significant surge. As Gensler has been implementing strict measures against the encryption currency industry during his tenure at the SEC, his resignation will indirectly bring greater development opportunities to the encryption industry. It is widely believed within the industry that the new SEC chairman is likely to allow the pledging of ETH spot ETFs, which will greatly increase the attractiveness of ETH spot ETFs to institutions. I am full of expectations for a sharp rise in ETH to kick off the second half of the Bull Market. 🤩
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Since Trump's election, the price of BTC has been soaring, and its market share has risen to nearly 61%. Everyone says that this Bull Market is just the Bull Market of BTC. Apart from BTC and some MEME, other cryptocurrencies are basically lying at the bottom. The previous altcoin season seems to be gone. Will there really be no altcoin season? According to past records, the first half of each Bull Market is dominated by BTC. Only the outstanding performance of BTC can attract a large amount of new external funds into the cryptocurrency market. The altcoin season is a product of human greed. When the capital cannot continue to boost BTC to higher levels, the capital will naturally look for new targets, and the funds will flow in different sectors. This is when the altcoins will start to flourish, and the Bull Market will enter its final stage. 🤣
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A feast in the cryptocurrency circle is about to be served. Don't just eat a cold dish and leave! 😂
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#BTC接連突破新高,即將突破$100K?