BTC's Market Cap has reached the position of the three stages of the raging bull in October, the launch of the last Bull Market in 2020.

1. BTC sucks blood, leads the charge, and its market share is rising.
2, BTC Sideways, relative value AltCoin pump.
3. MEME coin is flying all over the place.
We are currently in Phase 1, and altcoins are still following the trend of BTC. It requires more patience for them to have an independent market trend.
From the Market Cap ratio chart, it can be seen that in May 2021, BTC's Market Cap ratio dropped severely oversold on the RSI indicator, and May happened to be the top range of altcoins. Now, the overall altcoin Market Cap ratio has reached a historical extreme range, repeatedly hitting new lows. It can be said that it has been compressed to the extreme, which is a good time to invest in project coins with narratives, value, and financing.
After launching in October 2020, it only took two months for BTC's market capitalization to peak, which corresponds to around early 2025. The timing is also very clever, with the dust settling on the US presidential election and economic stimulus on the way. The second interest rate cut of this round began in November, and in December, the US allowed BTC to be one of the assets on the balance sheet of large companies, which is a wave of favorable information followed by another. It will be very important in the next step.
Key follow tonight 8:30 PCE announced, tomorrow night 8:30 non-farm data announced.
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