# 打榜优质内容

Research the changes in the overall market capitalization of alts during the past three bull runs and the background of the alt season.
In 2012-2013, the first halving of BTC led to a bull run, where the total market capitalization of alts increased by 20 times, reaching a peak where the total market capitalization of alts accounted for 15% of the cryptocurrency market.
Background of alt season: Various altcoins have imitated BTC's payment function, with LTC, XRP, and DOGE initially developed as payment cryptocurrencies.
alt season speculation main line: payment track
In 2016-2017, during the

#打榜优质内容 The weak US Non-farm Payrolls (NFP) data has caused Trump to explode in anger, and the crypto market may face the "fall devil month".
The crypto market has historically performed poorly in August. According to statistics from Lookonchain, August and September are historically the worst months for Bitcoin (BTC). Data shows that in the past 12 years, Bitcoin's price has fallen in 8 out of those 12 years during August and September, with a fall probability of 67%.
The market is facing a critical turning point: short-term pullback or long-term consolidation?
Currently, the market is facin

#打榜优质内容 In the context of the Fed's hawkish stance and stubborn inflation, the crypto market may continue to maintain a volatile trend in the short term. The Fed's cautious attitude towards the interest rate cut timetable will be a core factor affecting the market in the coming months, especially as the expectation for a rate cut in September has dropped from certainty to a 50% probability, which has significantly suppressed market risk appetite. However, at the same time, Cb's financial report dealt a fatal blow to the market. The flow of institutional funds will become a key support for mar

#打榜优质内容
Must-read for retail investors! The pitfalls and opportunities in the 120,000 BTC market.
120,000 BTC is coming. Should retail investors be happy? Or should they be afraid? Today, I will highlight the key points and teach you how to avoid being "duped" in a bull market!
Let’s talk about opportunities. BTC rising to 120,000 means there are short-term profits to be made, many projects and tokens are starting to warm up, market funds are active, liquidity is increasing, and the atmosphere for buying is strong.
But there are also many pitfalls. The first major pitfall is "chasing highs".

Non-farm soft shell shrimp, encryption people directly "kneel"! Get Liquidated god picture +1!
[Plot Review]
The US non-farm payrolls in July were only 175,000, leaving the market in shock. Originally hoping that the Federal Reserve would "loosen policy" upon seeing "soft employment," the result for those in the crypto space was a systemic bloodbath — both longs and shorts were wiped out, with a total liquidation amount exceeding 700 million dollars!
[Behind the Logic]
The main reason for getting liquidated is not the non-farm payroll itself, but rather the market's overly high expectations fo

#打榜优质内容 When retail investors panic sell, smart money is operating in the opposite direction. Despite the market's big dump, Bitcoin spot ETF still recorded a net inflow of $237 million this week, with BlackRock's IBIT product seeing an inflow of $103 million in a single day. Ethereum ETF has become a reservoir for hidden flows, accumulating $5.12 billion in inflows, building a foundation for price stability.
On-chain data reveals greater mysteries: 1.28 million ETH (approximately $5 billion) have been quietly absorbed by whale addresses during the fall, with exchange ETH reserves dropping to

#打榜优质内容 is a critical turning point window for alts in the month of September.
Historically, September is usually a traditional off-season for cryptocurrencies, with Bitcoin and Ethereum historically having an average return rate that is negative during this month. The market is currently in the "tail end" phase, which is the late stage of a bull market, characterized by faster capital rotation and increased volatility.
The core driving factors behind the rise of alts
Despite seasonal pressures, several unique catalysts this September may drive alts out of an independent market.
1. Macroecono

#打榜优质内容 The U.S. Securities and Exchange Commission (SEC) will expand its series of Crypto Assets roundtables and begin a cryptocurrency policy advocacy campaign in Berkeley, California starting on August 4.
According to a statement on August 1, this visit aims to allow founders and developers, particularly teams with no more than 10 employees and established for less than two years, to engage in face-to-face discussions with the committee outside of Washington, D.C. The head of the Crypto Assets Working Group, Hester Peirce, stated that the agency wants to hear from stakeholders who were una