财经少华
财经少华|Jul 24, 2025 10:29
The dominant position of Bitcoin is crucial for the success or failure of altcoins The cryptocurrency market is entering a critical stage of transformation. After several weeks of sustained gains, especially for altcoins, the market momentum is slowing down, which usually means that the market is about to experience volatility or a false breakthrough. Historically, Bitcoin has always risen first. When it slows down or begins to consolidate sideways, altcoins often catch up and rise strongly. However, the situation is changing and Ethereum is showing signs of losing momentum. The key trend line on the Bitcoin dominance chart is on the verge of breaking through. If this situation occurs, it may mean that Bitcoin will begin to rapidly strengthen, while altcoins will face a significant pullback. If the trend line breaks through, the price usually quickly rebounds, sometimes even dropping significantly by 10% to 20%. However, the true liquidity is located below, in the range of $112000 to $114000. Rapidly falling to this region may eliminate weak investors and prepare for the next round of significant gains. Before a sharp rise, there is usually a brief and intense drop. This paves the way for a stronger rebound. If Bitcoin's dominant position rapidly rises and then falls back at the same rate, it may eventually push its dominant position up to around 50%. The real counterfeit coin season often starts here, with a significant increase across the board. ETH is facing strong resistance near $3900 and may experience a short-term correction or sideways consolidation. SOL has recently made a breakthrough, but needs to hold above $190 to maintain its bullish momentum. XRP shows signs of a possible pullback below $3 in the future, as bearish signals are forming but have not yet been confirmed. LINK is retesting the key support level between $17.50 and $18, holding this level will be beneficial. Overall, although there may be a short-term decline, the long-term trend of these altcoins remains optimistic. BTC ETH SOL
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