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The cyclical changes in the Crypto Assets market have always been the focus of investors. Currently, we are at a critical turning point, with Bitcoin's market share dropping from a high of 65% to 58%. This trend indicates that the altcoin market may soon迎来一波上涨行情.
Historical data shows that Bitcoin's market share may further decline to around 45%. This phenomenon typically marks the beginning of an active period for alts, and we may still be in the early stages of this phase.
Looking back at the bull market of 2020, when Bitcoin's share dropped from 68% to 40%, the total market value of alts grew by 12 times. The current market situation is similar; although Bitcoin has retraced from its peak of $69,000 in December last year, mainstream altcoins like Ethereum and Solana have risen more than 3 times from their lows.
For new investors entering the market, selling alts now may be an unwise decision. In the Crypto Assets market, patience is often more important than short-term market judgments. When Bitcoin's market share drops below 50%, it usually signals the start of the main pump phase for alts.
Therefore, the current best strategy may be to remain calm and hold onto existing crypto assets. Short-term fluctuations in the market should not be the primary basis for decision-making. Instead, investors should follow long-term trends and prepare for the potential altcoin market boom.
Remember, in Crypto Assets investment, overtrading and frequent market timing judgments often lead to negative results. Stay patient and follow the overall market trends, which may bring better investment returns in the coming months.