⚡ Continue to briefly understand the cycle dominated by Bitcoin—— When BTC. D rises, it indicates that funds are concentrated in Bitcoin and risk appetite is shrinking: If BTC is also rising at the same time, the counterfeit market is likely to be wiped out, and funds will either flee or be forced to wait and see; If BTC falls, it's a double kill, and the knockoff is a direct 'guillotine'. When BTC. D drops, it indicates that funds are flowing from Bitcoin to counterfeit, and risk appetite is expanding: If BTC remains stable, it will be the most comfortable period of "shanzhai accumulation", slowly brewing emotions; If BTC steadily rises, it will be the most satisfying "alt seal", with funds flocking in and any local dog flying. In other words, the fate of shanzhai will always be in the hands of BTC. The rise and fall of shanzhai not only depends on oneself, but also on the face of Bitcoin. So the key to the cycle is not prediction, but identification: When should I obediently hold BTC tightly, When can we spread our hands and go to Langyilang Shanzhai. However, these are only market benchmarks to help you roughly see the direction of financial sentiment, and do not represent any investment advice. The market will not follow textbooks completely, there will be accidents and variations every day, don't stick to fixed formulas. Ultimately, it is necessary to combine one's own pace and position, and survival is the key!