#BTC Here's my understanding of the current market situation.

1. Why is Bitcoin bullish, while altcoins are bearish?
This is a unique feature of BTC with a price of 100,000. Because 100,000 is the psychological expectation of everyone, it has strong resistance. The price of BTC between 90,000 and 110,000 is considered the psychological zone of 100,000 BTC. When it approaches 100,000, a pullback is expected, so the price of BTC crashes after surpassing 100,000.
2. When does the Shanzhai season start?
The current rate cut will not continue, but with the blessing of the old vodka, the cottage season will either plummet to 70,000 or surge to over 110,000, breaking through the psychological resistance level of 100,000, and the cottage will have no worries, not afraid of the big cake's pullback, and will start the cottage season.
The market for 3 big pancakes this month is like
This depends on Laote. If any good news about the currency circle is announced on the 20th, it will break through 110,000 and there is a high probability of sideways movement waiting for altcoins to catch up. If the currency circle is not mentioned or there are difficulties in implementation, it will be bearish. This cannot be determined.
Overall, both the sharp drop and rise of Bitcoin are beneficial to altcoins. We will wait and see in January.