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In recent years, the market share indicator of Bitcoin can clearly provide signals for the future market.
Bitcoin's market share has dropped from 60% to 58.8%
According to observations, the decline of mainstream coins in the last two days has not exceeded that of Bitcoin by about 20%. This indicates that Bitcoin's market share will further decrease in the coming period. When Bitcoin's market share falls below 50%, the market will tend towards a healthy value, and the bull market will further commence.
Bitcoin has fallen below the support line. If it does not quickly break through 100,000, it is highly likely to enter a deep bear market next. The current trend is that the bubbles of the five strong coins: Bitcoin, Ethereum, SOL, BNB, and XRP are bursting, leading to further declines, while mainstream coins are stabilizing.
The next piece of advice I would give everyone is to avoid all coins in the top ten by market capitalization, as the bubble is too large and the decline is even greater. Personally, I recommend buying the dip with anti-dip coins ranked between 20 and 80, such as FiL, DOT, ETC, LTC, and other established coins, which have smaller bubbles and can hold strong during a continuous decline, or even rise against the trend.
Trading coins must start from the underlying logic, otherwise, if you don't become a leek, who will?