$BTC has been reacting to macro conditions, interest rate expectations, and institutional flows. And even when Bitcoin moves higher, I don’t think it’s safe to assume every altcoin will follow.
What interests me most is the difference between a market-wide rally and one where capital is selective.
I’d rather understand why a project is attracting money than buy it just because everyone is talking about it.
AI, RWA, DeFi, and stablecoins are worth watching, but the narrative alone doesn’t convince me. I want to see actual demand behind it.
Maybe the biggest mistake this cycle is assuming the next rally will look like the last one.
What are you watching more closely right now: $BTC, altcoin capital flows, or specific crypto narratives?