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The current situation of the Crypto Assets market is quite similar to that of January last year. After a rapid pump, Bitcoin has entered a Sideways consolidation phase. From the weekly chart, there is a Candlestick pattern of up and down fluctuations, and the MACD indicator is about to form a death cross, which may trigger some investors' bearish sentiment.
Regarding the performance of altcoins, we can analyze it through the trend chart of Bitcoin's market share. From a monthly perspective, Bitcoin's market share has shown a downward trend. In the past week or so, the market seems to have experienced a certain degree of recovery, but this may not significantly affect the monthly closing of Bitcoin's market share.
It is worth noting that the trends of tokens such as Bitcoin, PEPE, and FLOKI are worth paying attention to. This market pattern reflects the ebb and flow relationship between mainstream coins and altcoins, and investors need to closely monitor changes in this dynamic balance.
Overall, the current market is at a critical turning point. Investors should stay vigilant and pay attention to the changes in various technical indicators and market shares in order to better grasp the market trends. At the same time, it is also important to be aware of the potential opportunities and risks in the altcoin market.