Bitcoin is trying to hit the key pressure range of $68,000-70,000. At the same time, the market share of Bitcoin has increased again, and the market value of other altcoins has been further compressed. In the past six months, funds seem to only love Bitcoin to keep it at a high level, while other coins are a bit miserable. Some leading coins are cut in half.

Maybe these funds are out of conservative risk aversion, or anti-globalization, and geopolitical conflicts continue to lead to an increase in the demand for BTC in the black market. In short, only Bitcoin is rising. Perhaps only after Bitcoin breaks through a new high and the Federal Reserve further cuts interest rates, can altcoins rise.